United States rule of reasonmonopolizationsherman act

Standard Oil Co of New Jersey v United States

221 U.S. 1 (1911)

JurisdictionUnited States

CourtSupreme Court of the United States

Year1911

StatusBinding authority

Key Principle

The Sherman Act's prohibition of restraints of trade applies only to unreasonable restraints, establishing the rule of reason as the primary antitrust analytical framework.

Area of Law

competition

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