The present invention relates to a rubber composition containing a diene based elastomer reinforced with rubber reinforcing carbon black and/or silica which contains an antidegradant comprised of N-1,3-dimethylbutyl-N'-phenyl-p-phenylene diamine (6-PPD) together with a dispersion of a methyl isobutyl ketone (MIBK)-adsorbing activated carbon. The invention further relates to a tire having a component thereof containing such rubber composition.