Although u.s. steel controlled nearly 75 percent of the domestic iron and steel industry, in 1920 the supreme court ruled that t

Question

2 years ago

12

Although u.s. steel controlled nearly 75 percent of the domestic iron and steel industry, in 1920 the supreme court ruled that t

he firm was not in violation of the sherman antitrust act because there was no evidence of abusive behavior. what antitrust doctrine was the court applying in this case?

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1 answer:

allsm [11] · Answer 1 · 2022-09-03T14:19:52+03:00

allsm [11]2 years ago

7 0

In this case, the doctrine the court was applying is the rule of reason.According to this judicial doctrine of antitrust law, it is a violation to take any action that will put an unreasonable restraint on trade.