Generic Drug Pricing and the Ghost of Senator John Sherman
In 1890, Senator John Sherman of Ohio sponsored legislation titled the “Sherman Act.” The two-page bill was a sweeping antitrust effort to break up monopolies and promote fair and robust competition among the various players in the marketplace. The bill outlawed any “contract, combination in the form of trust or other-wise, or conspiracy, in restraint of trade or commerce…”
The Act was effective throughout the trust-busting era in the late 1800’s and early ...
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