United States Patent is basically a "grant of rights" for a constrained period. In layman's terms, it is a contract in which the United States government expressly permits an personal or company to monopolize a particular concept for a restricted time.

Typically, our government frowns upon any type of monopolization in commerce, due to the belief that monopolization hinders free of charge trade and competitors, degrading our economic system. A excellent example is the forced break-up of Bell Phone some years in the past into the numerous regional cellphone firms. The government, in distinct...

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