Rule of reason

{
  "id": "MLC-T-LAW-004372",
  "term": "Rule of reason",
  "field": "Law",
  "definition": "A legal standard used in antitrust law to determine whether a business practice or agreement unreasonably restrains trade. Under this rule, courts examine the specific facts and circumstances of a case, including the nature of the restraint, its purpose, and its effect on competition. This approach contrasts with the per se rule, which deems certain practices illegal regardless of their effects.",
  "url": "https://mlchart.com/terminology/law/rule-of-reason/"
}