4 years ago

Antitrust laws _ competition, and patents _ competition.

1 answer:

7 0

Good Morning!

Antitrust laws increase competition, and patents decrease competition.

Laws that prevent unfair business associations such as trusts contribute to competition. The use of patents sometimes reduces competition, although it may also have the opposite effect, stimulating new patents. However, it is more difficult for new entrepreneurs to compete with industries that dominate the patent industry.

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