Patent Safety for a Product Concepts or Inventions

United States Patent is primarily 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 particular concept for a restricted time.

Typically, our government frowns on any kind of monopolization in commerce, due to the belief that monopolization hinders free of charge trade and competitors, degrading our economic climate. A very good example is the forced break-up of Bell Phone some many years in the past into the several regional mobile phone companies. The government,...