United States Patent is basically 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 particular notion for a restricted time.

Typically, our government frowns upon any type of monopolization in commerce, due to the belief that monopolization hinders totally free trade and competitors, degrading our economic system. A great example is the forced break-up of Bell Telephone some years ago into the many regional telephone firms. The government, in specific the Justice...