Patent Safety for a Product Concepts or Inventions

United States Patent is in essence 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 individual or organization to monopolize a certain idea for a restricted time.

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