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Tag Archives: Intellectual Property

Copyright and Patents – What a Racket

March 16, 2013

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Growth comes from competition. Anything that stifles competition has a negative effect on the incentive to innovate. Protect a company completely from competition by giving it a monopoly, like the United States Postal Service, and stagnation is virtually guaranteed. The granting of monopolies and special privileges to certain people or corporations was popular under the […]

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