Yardstick Theory Law and Legal Definition
In antitrust laws yardstick theory is a means of measuring antitrust damages. The yardstick theory, compares a company with another that carries out a similar kind of work. In the yardstick theory, the principle is applied in such a way that it compares the plaintiff’s sales or profit during the period of impact of the antitrust violation to those of a similar company that was not affected by the defendants anti competitive practices.
