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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 15 U.S.C. § 4302 Rule of reason standard us united_states_code code_section 15 COMMERCE AND TRADE 69 COOPERATIVE RESEARCH 4302 15 U.S.C. § 4302 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s4302 data/legal/raw/us/code/title-15/usc15.xml 8e2622d5b2f242ae5eab700df8dec1292a96fb2dbe7cc6b8d10b597e9191d27c 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 dabb50de5970818fb859bb630fe2d51272d904d52ef8a134138fb04dd5a77858 2026-07-04 official
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15 U.S.C. § 4302 - Rule of reason standard

Text

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.

(Pub. L. 98462, § 3, Oct. 11, 1984, 98 Stat. 1816; Pub. L. 10342, § 3(d), June 10, 1993, 107 Stat. 119; Pub. L. 108237, title I, § 104, June 22, 2004, 118 Stat. 663.)

Notes

Editorial Notes

Amendments2004—Pub. L. 108237 substituted “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” for “of any person in making or performing a contract to carry out a joint venture shall”. 1993—Pub. L. 10342 substituted “joint venture” for “joint research and development venture” and “, development, product, process, and service” for “and development” and inserted at end “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.”