Patent Safety for a Product Concepts or Inventions

United States Patent is in essence 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 organization to monopolize a distinct idea for a restricted time.

Typically, our government frowns on any variety of monopolization in commerce, due to the belief that monopolization hinders cost-free trade and competitors, degrading our economic system. A great example is the forced break-up of Bell Phone some years in the past into the a lot of regional telephone companies. The government, in d... Read more