How did the rule of reason? - Answers

The rule of reason is a legal doctrine used in antitrust law to evaluate the competitive effects of business practices. Under this framework, courts assess whether a particular action promotes or restrains competition based on its context and overall impact on the market, rather than categorically deeming it illegal. This approach allows for a more nuanced examination of complex business arrangements, enabling legitimate collaborations while curbing anti-competitive behavior. Ultimately, the rule of reason seeks to balance the interests of competition and efficiency within the marketplace.