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 personal or company to monopolize a particular ideas for inventions idea for a restricted time.

Typically, our government frowns upon any kind of monopolization in commerce, due to the belief that monopolization hinders free of charge trade and competition, degrading our economy. A great instance is the forced break-up of Bell Phone some years in the past into the several regional mobile phone firms. The government,...