Asked by
Carter Sintek
on Nov 30, 2024
Verified
Which is the most accurate statement?
A) The Justices of the Supreme Court used the "rule of reason" in the 1920s and 1930s to ensure that the Sherman Act was vigorously enforced.
B) Until the Alcoa Case in 1945,the Supreme Court held that you had to be both big and bad before you were found guilty under the Sherman Act.
C) The Alcoa Case established the precedent that having a near monopoly was not,in itself,illegal.
D) Alcoa lost its case largely because of its anticompetitive behavior rather than that it was very big.
Alcoa Case
A landmark antitrust case in the United States in which the Aluminum Company of America (Alcoa) was found to have monopolized the aluminum industry through various means, leading to significant implications for antitrust law.
Rule of Reason
A legal doctrine used in US antitrust law that determines the legality of business practices based on their actual impact on market competition.
- Assess the interpretations and impacts of legal rulings in antitrust cases.
Verified Answer
KM
Learning Objectives
- Assess the interpretations and impacts of legal rulings in antitrust cases.