FDA Moves Forward With Marijuana-Based Drug To Fight Childhood Epilepsy. The Food and Drug Administration has granted orphan drug designation for a cannabis-based drug developed to treat childhood-onset epilepsy, GW Pharmaceuticals announced last week.
The Sherman Antitrust makes monopoly power illegal. Under the Sherman Act monopoly power is considered the ability of a business to control a price within its relevant product market or its geographic market or to exclude a competitor from doing business within its relevant product market or geographic market.he FTC is one of the enforcement arms of the Sherman Antitrust Act. The FTC has administrative rule making and enforcement authority. Administrative law judges frequent issue opinions, similar to court opinions, regarding what is considered monopoly power under the Sherman Act.
The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit abusive monopolies, and in some ways it remains the most important. Trusts and Monopolies. A trust was an arrangement by which stockholders in several companies transferred their shares to a single set of trustees.