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Simple English definitions for legal terms

per se rule

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A quick definition of per se rule:

The per se rule is a legal principle that says if a business practice restricts trade, it is automatically considered a violation of the Sherman Antitrust Act, even if it doesn't harm anyone. This is different from the rule of reason, which considers whether the practice has a negative impact on competition.

A more thorough explanation:

The per se rule is a legal principle in antitrust law that states that a trade practice violates the Sherman Antitrust Act if it is a restraint of trade, regardless of whether it actually harms anyone. This means that certain practices are considered illegal simply because they restrict competition, without any need to prove that they have a negative impact on the market or consumers.

For example, price-fixing agreements between competitors are considered per se illegal under the Sherman Act, because they eliminate price competition and harm consumers by raising prices. Similarly, market allocation agreements, where competitors agree to divide up territories or customers, are also per se illegal because they reduce competition and limit consumer choice.

The per se rule is different from the rule of reason, which requires a more detailed analysis of the competitive effects of a trade practice. Under the rule of reason, a practice may be legal if it has pro-competitive benefits that outweigh its anti-competitive effects.

Overall, the per se rule is a powerful tool for antitrust enforcement, as it allows authorities to quickly and decisively address certain types of anti-competitive behavior without the need for lengthy and complex economic analysis.

persequi | per se violation

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13:09
Yo
lawguy we're nearly stats twins :D
13:13
I saw that, and I saw you got the Georgetown interview invite yesterday too! Goodluck!
you too haha, i was super surprised to have received one so early not gonna lie
i heard the group interview is really chill and I'm kinda excited to do it
seems cool
13:14
Yeah, 7sage has a page that talks about the questions for each schools interview, GULC's seems unique
13:15
Idk how much of an effect it has on admissions chances but should be cool either way
ive heard the conversion rate for gulc group interview is pretty high even moreso if you have the stats
it's hard to say but i've also heard that the group interview is harder to get than the alumni interview. but who really knows tbh
im p sure they don't interview everyone and getting one this early should be a great sign!
13:16
Yeah I've heard the same ab the group interview
13:17
So maybe I'll see you in D.C. a year from now lmao
initiallaw
13:32
Speaking of stat twins kazuyamishima were exact stat twins lol
17:13
Anyone going to the UGA zoom thing on the 22nd?
17:16
My bad, 24th*
Idk, what's it for?
@Law-Guy: How'd you get the Vandy fee waiver?
17:32
What does going ur3 in 3 days mean at Uva 😅
that you will get UR2 in 3 more
17:33
somethings gotta give
I’m new. What’s the UR and UR2?
17:35
I already went ur2. It’s the 3rd status date change
17:35
@RustyWrangler: attend one of their virtual info sessions and they'll send you a fee waiver
@Law-Guy: Awesome, thanks! I'll sign up rn!
i'm not entirely sure
They've recently been sending a lot of interview invites
It means status change?
17:47
Someone said there is a wl/r wave coming but how can that even be predicted 😭
17:48
Where?
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