Patent Protection for a Item Concepts or Inventions

United States Patent is in essence a "grant of rights" for a limited period. In layman's terms, it is a contract in which the United States government expressly permits an individual or organization to monopolize a certain idea for a constrained time.

Typically, our government frowns on any sort of monopolization in commerce, due to the belief that monopolization hinders totally free trade and competition, degrading our economy. A very good example is the forced break-up of Bell Telephone some years ago into the many regional telephone organizations. The government, in specific the Justice... Read more

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