United States Patent is in essence 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 firm to monopolize a certain notion for a constrained time.

Typically, our government frowns upon any type of monopolization in commerce, due to the belief that monopolization hinders cost-free trade and competitors, degrading our economic climate. A very good instance is the forced break-up of Bell Telephone some many years ago into the many regional phone companies. The government, in certain the Justice...