Changes

Jump to navigation Jump to search
550 bytes added ,  18:01, 17 February 2016
no edit summary
==Prize System for Inventions==
 ==Prize System The current patent system allows companies to file for Inventions==the right to exclude if they have a novel, non-obvious invention. The right to exclude creates a temporary monopoly for a certain product, which leads to higher product costs for the consumer. One example of a patent leading to exorbitantly high prices would be Daraprim, a drug produced by Turing Pharmaceuticals. Martin Shkreli, the CEO of Turing Pharmaceuticals, led the charge to increase the price of Daraprim from $13.50 to $750 per pill. [http://www.bbc.com/news/world-us-canada-34331761]
Anonymous user

Navigation menu