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Yes; patents and copyrights are temporary monopolies.
Copyrights, Trademarks and Patents are examples of Intellectual Property.
For medicines they are called patents.
patents and copyrights
False
In the most basic terms, patents protect inventions, and copyright protects creative works.
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No, it is a designated power of Congress.
No patents and copyrights were established by government to increase oligopoly and monopoly power.
The type of power that Congress possesses to make laws for copyrights and patents is known as exclusive legislative power. This means that only Congress has the authority to create laws related to intellectual property rights, including copyrights and patents. This power is derived from Article I, Section 8 of the United States Constitution.
money, defense, immigration, copyrights and patents
Tangible Property