This preview shows page 1. Sign up to view the full content.
Unformatted text preview: a type of intellectual property law that provides the company rights to a good or service. Patents impact the market by reducing the amount of competition from other companies trying to market the same good at a lowered price, as this cannot happen due to the patent some products will be sold at a much higher price since there are no alternatives....
View Full Document
- Spring '09