“Avoidable monopolies are objectionable because they lead to higher prices and/or lower supply than would be the case in a free market. Patents confer avoidable monopolies. Therefore, patents are objectionable.”
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yes ur ryt...............
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Patents give owners rights to exclude others from making, using, or selling their inventions. inventors and adopters can transact more efficiently in the market for inventions. Patents promote disclosure of inventions, which reduces costs of search and bargaining in the market for inventions.
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