Patents encourage fair market behaviour and practices which is one of the main objectives of a competition policy.
<u>EXPLANATION:</u>
Patents are rights of having a monopoly over specific goods and products. Patents therefore prevent the copying or imitation of patented goods which in turn encourages fair trade practices.
Companies that obtain patents enjoy monopolyover the patented products but cannot misuse this power.
Therefore, patents encourage competition among companies that have patented goods and ensure that every company that has patent rights operates within the permissible limits.
The Supreme Court has said that patent litigation is categorically different, since it offers the chance to increase competition by freeing the public from the burdens of a monopoly.
