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15 U.S.C. § 4302Rule of reason standard

submitted 42 years ago by Pub. L. 98-462 to r/title-15-COMMERCE-AND-TRADE · 119 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

In any action under the antitrust laws, or under any State law similar to the antitrust laws, the conduct of—

(1)

any person in making or performing a contract to carry out a joint venture, or

(2)

a standards development organization while engaged in a standards development activity,

shall not be deemed illegal per se; such conduct shall be judged on the basis of its reasonableness, taking into account all relevant factors affecting competition, including, but not limited to, effects on competition in properly defined, relevant research, development, product, process, and service markets. For the purpose of determining a properly defined, relevant market, worldwide capacity shall be considered to the extent that it may be appropriate in the circumstances.

Source credit: (Pub. L. 98–462, § 3, Oct. 11, 1984, 98 Stat. 1816; Pub. L. 103–42, § 3(d), June 10, 1993, 107 Stat. 119; Pub. L. 108–237, title I, § 104, June 22, 2004, 118 Stat. 663.)

history & why it existsrecord from the source credit
  • 1984Enacted · Pub. L. 98-462 · 98 Stat. 1816
  • 1993Amended · Pub. L. 103-42 · 107 Stat. 119
  • 2004Amended · Pub. L. 108-237 · 118 Stat. 663

A history note hasn’t been published yet. The record shows enactment by Pub. L. 98-462 on 1984-10-11.

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