Patent Safety for a Item Ideas or Inventions

United States Patent is essentially a "grant of rights" for a restricted time period. In layman's terms, it is a contract in which the United States government expressly permits an person or firm to monopolize a distinct concept for a limited time.

Typically, our government frowns on any sort of monopolization in commerce, due to the belief that monopolization hinders totally free trade and competitors, degrading our economic climate. A great illustration is the forced break-up of Bell Telephone some years ago into the numerous regional phone firms. The government, in particular the Justice... [Read more »]