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.
Provisions of the Sherman Antitrust Act. A: Trusts, etc., in restraint of trade illegal; penalty. Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal.herman Antitrust Act. The last third of the 19th century witnessed the development of business conglomerates or trusts. Many people believed that this new form of business organization stifled competition and led to manipulation of prices.