Discussion: chapter 9: intellectual property

In Chapter 10, we are briefly introduced to the legal area of antitrust, the relevant laws of which seek to prevent anticompetitive activities that reduce or eliminate economic competition. Some of these activities can result in criminal liability for corporations (e.g., fines) as well as corporate employees (e.g., jail time). Specifically, it is a crime for companies to engage in hard core cartel activity, and it is a crime for individual companies to monopolize any part of interstate commerce.

Don't use plagiarized sources. Get Your Custom Essay on
Discussion: chapter 9: intellectual property
Just from $13/Page
Order Essay

For more information, skim: (1) U.S. Dep’t of Justice, Antitrust Div., Price Fixing, Bid Rigging and Market Allocation Schemes: What They Are And What To Look For, available at gov/atr/file/810261/download” target=”_blank”>https://www.justice.gov/atr/file/810261/download (Links to an external site.) (Sep. 28, 2005); and (2) U.S. Dep’t of Justice, Antitrust Div., Antitrust Laws and You, available at gov/atr/antitrust-laws-and-you” target=”_blank”>https://www.justice.gov/atr/antitrust-laws-and-you (Links to an external site.) (last updated Jan. 5, 2017) (“An unlawful monopoly exists when one firm controls the market for a product or service, and it has obtained that market power, not because its product or service is superior to others, but by suppressing competition with anticompetitive conduct.”).

But in Chapter 9, we learn that Article 1, Section 8, Clause 8 states that: “Congress shall have Power To . . . promote the Progress of Science and the useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective writings and discoveries.” This is commonly referred to as the Patent and Copyright Clause. In other words, the ownership of intellectual property inherently creates a limited monopoly in the protected property.

Given our materials, we have learned that some monopolies are good, while others are bad. Why is this? Specifically, what are the purpose of antitrust laws, and what is the rationale behind the Patent and Copyright Clause? 

Please provide a well-worded response of at least 5 sentences. 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 15% with the discount code LOCKDOWN