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Discuss the following: "One of the most ridiculous government enterprises is the Patent Office. It permits inventors of

Posted: Sun Jul 03, 2022 6:51 am
by answerhappygod
Discuss the following:
"One of the most ridiculous government enterprises is the PatentOffice. It permits inventors of new processes and products tocreate monopolies and to reduce competition, when we know very wellthat monopolies and reduced competition reduce output, raise pricesand in other ways gouge the public."
Post: What do you think? Is the PatentOffice an agency for the formation and preservation of monopolies,to the disbenefit of our citizenry or a haven rewarding creativityand invention? How far should this go? Should trademarks (orshapes, like the iPhone) be protected under copyright or patentlaws? Give two or more examples to support your views.