United States Patent is essentially 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 person or business to monopolize a distinct notion for a restricted time.
Typically, our government frowns upon any type of monopolization in commerce, due to the belief that monopolization hinders totally free trade and competitors, degrading our economy. A good instance is the forced break-up of Bell Phone some many years in the past into the numerous regional phone companies. The government, in distinct the Justice... [...]