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Why does government sometimes give monopoly power to a company by issuing a patent?
This can be read two ways.
Why the government? Because the patent process requires examination (to see if a new application is a duplicate of a previous patent), it needs to be handled by a centralized body. In the US, the Patent and Trademark Office is part of the Department of Commerce, which enables international dialog as well.
Why issue patents? To protect creators and researchers, and to encourage them to develop more products and processes by allowing them to derive an income from their creative output.
What else can I help you with?
Why does the government sometimes give monopoly power to a company issuing a patent?
The company can then profit from their research without competition.
Why does the government sometimes give monopoly the power to a company by issuing a patent?
The company can then profit from their research without competition.
What are some factors that can lead to a monopoly?
When one business or company dominates its area and squeezes out all its competition, the result is the consumer does not have a free choice, and inevitably the price of it's products or services...
What is Issuing Company?
I'm filing for unemployment and a field required is issuing company...it is on the same page asking for a personal id other than your social security. What does this mean? Issuing company???
What is the issuing authority for your passport?
The issuing authority for a passport is typically the government of the country where the passport was issued.
What is the issuing authority of a passport?
The issuing authority of a passport is typically the government of the country where the passport is issued.
What is the issuing authority for this document?
The issuing authority for this document is the government agency or organization responsible for creating and distributing it.
What is the purpose of the company issuing stocks?
To raise money that can be used to grow the company.
What is the issuing authority on a passport?
The issuing authority on a passport is the government agency responsible for issuing and regulating passports, typically the country's foreign affairs or immigration department.
What is the passport issuing authority for your current travel document?
The passport issuing authority for my current travel document is the government agency responsible for issuing passports in my country.
Which level of government is responsible for issuing passports?
federal
What is the issuing authority of passports in India?
The issuing authority of passports in India is the Ministry of External Affairs, Government of India.
