We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Microeconomics: Patent, Antitrust Laws - Article Example

Free
There is no doubt that healthy competition leads to the provision of high quality goods and services. On the other hand, there is so much truth in asserting that innovators and inventors need adequate encouragement and should benefit significantly from their efforts. In this case, law of patens and antitrust both come into play but at a point when they are clashing. When patent laws cease to exist, many people will wait for innovators and inventors before they come up with a replica of what has been developed. In this case, the spirit of innovation and invention shall have been disregarded. Therefore, I strongly believe that there is a need to harmonize these two sets of laws in order to have fair playing grounds for both parties in either side of the discussion. Nevertheless, economies may end up suffering from replication of goods or suffer from monopolistic powers. I therefore strongly agree with Thomas that Justice Department needs to be very keen while dealing with such matters. Relation to Microeconomics  Microeconomics is a branch of social science that describes behaviors and actions of individual intermediate and final consumers, firms, and industries. The concept of patent and antitrust laws and how they affect technological industries directly relate to microeconomics as the two sets of law describes the behavior and actions of different firms in the industry with regards to maintaining monopolistic powers or encouraging healthy competition. 

Check these samples - they also fit your topic

Proposal
That battle has been highlighted by the recent award going Apple's way, to the tune of more than a billion US dollars in compensation. This is due to an American jury finding that Samsung had infringed on valuable Apple patents tied to the latter's iPhone line.
3 pages (750 words)Article
The Microsoft Case
Furthermore, specific example is illustrated in order to point out that monopolies are not always bad and may be a good thing at some point. The Antitrust behavior.This specific behavior is applicable to those companies or organizations with the attitude to monopolize the industry or be a cut above the other until they remain the only one to play a significant role in the market or industry.
3 pages (750 words)Article
Law of Tort Article
Another difference between the two types of laws is that in criminal proceedings, proof beyond a reasonable doubt is required to obtain success in winning a case. In a tort case, success can be achieved by providing proof based on a preponderance of evidence.
5 pages (1250 words)Article
Licenses and permit and international legal compliance for opening up a cafe in San Francisco US
While opening a Café business in San Francisco, it requires strict adherence to a number of international legal systems such as Intellectual Property
1 pages (250 words)Article
Awaiting Health Laws Prognosis
These limits were often negotiated between the employer and health insurance companies to cap out the total benefits a person could receive in a lifetime. It was common for a lot of these lifetime
2 pages (500 words)Article
Microeconomics: Cost Analysis
Author also argues that the overall cost of finding and operating new mines especially for copper has increased thus making it relatively difficult for the established miners to continue to
1 pages (250 words)Article
Article about microeconomics
This trend has created increased job opportunities in American although the industry faces strong competition from Asian countries because of their low labour costs. There are however many benefits
2 pages (500 words)Article
In Mexico, Wal-mart is defying its critics
The inability of other foreign retail giants (Carrefour SA is a recent example) to succeed by adapting to Mexico’s economic conditions also signaled a major
1 pages (250 words)Article
Article or Case law Search
Notably, for the health centers to run smoothly the management should take heed of the available regulatory issues. There are several health care regulatory issues, however, this essay demonstrates the views of the above article on antitrust as a health care
3 pages (750 words)Article
Antitrust
The companies and their appointed lawyers did not agree to this and took defensive measures by challenging the ruling as well as the lady judge. The companies drafted and filed court papers requesting
3 pages (750 words)Article

Summary

An author of the following writing "Microeconomics: Patent, Antitrust Laws" seeks to discuss the role of both antitrust and patent laws role in economies. Furthermore, additionally, the present paper will represent its relations to the microeconomics…
Microeconomics: Patent, Antitrust Laws
Read TextPreview
Comments (0)
Click to create a comment or rate a document
Let us find you another Article on topic Microeconomics: Patent, Antitrust Laws for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us