It is said that hard cases make bad law, but sometimes easy cases can make even worse law, especially when theory gets in the way of common sense. A case in point is the Federal Trade Commission’s Three Tenors  decision last summer, in which the Commission held that an agreement between two joint venture partners not to advertise or discount two directly competitive products for a ten-week period around the launch of a new joint venture product violated the antitrust laws without any showing that the restraint harmed anyone other than the two partners themselves. The Commission reached this remarkable result apparently because it viewed the case as a good vehicle for resuscitating the Massachusetts Board of Optometry framework for applying a truncated rule of reason to restraints
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.