United States Patent is primarily a "grant of rights" for a constrained time period. In layman's terms, it is a contract in which the United States government expressly permits an individual or business to monopolize a distinct notion for a constrained time.

Typically, our government frowns upon any type of monopolization in commerce, due to the belief that monopolization hinders free of charge trade and competition, degrading our economic climate. A excellent instance is the forced break-up of Bell Telephone some many years in the past into the numerous regional cellphone firms. The gov...

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