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.
This material is intended as a non-technical explanation of the major provisions of the federal antitrust laws, to stimulate awareness of the more common problems encountered by businesses and the general principles which govern these areas. Sherman Act  The Sherman Act was passed in 1890 and is the most important of the antitrust laws. 2  Section 1 of the Act prohibits every contract, combination or conspiracy between two or more companies which exerts an unreasonable restraint on trade or commerce.