Patent Protection for a Merchandise Suggestions or Inventions

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

Typically, our government frowns upon any type of monopolization in commerce, due to the belief that monopolization hinders cost-free trade and competition, degrading our economy. A great example is the forced break-up of Bell Telephone some many years in the past into the several regional telephone organizations. The government, in certain the Justice...