United States Patent is basically 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 personal or organization to monopolize a particular notion for a limited time.

Typically, our government frowns on any sort of monopolization in commerce, due to the belief that monopolization hinders free of charge trade and competitors, degrading our economy. A excellent instance is the forced break-up of Bell Telephone some many years ago into the many regional phone companies. The government, in distinct the Justice...