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

Typically, our government frowns on any variety of monopolization in commerce, due to the belief that monopolization hinders totally free trade and competition, degrading our economic climate. A great illustration is the forced break-up of Bell Phone some many years in the past into the several regional telephone firms. The government,...