Patents -- Weapon of Monoply

Reuben, Robert
February 1944
New Republic;2/14/44, Vol. 110 Issue 7, p201
Focuses on various issues related to the patent, which have become an instrument for oppressive business practice and monopolistic market control. Misuse of the patent laws during the World War II where war production has been hampered because of patent monopolists restricting production; Examples of monopolies cited where misuse of the patent laws have affected the health of the nation; Analysis of the Kilgore bill endorsed by U.S. Vice President Henry A. Wallace in order to prevent the misuse of patents; Utilization of the patent for increasing price of certain commodity in the market; Need for the patents to be made a simple legal monopoly whose reward to the inventor would be primarily in royalties rather than in monopolistic control of production and distribution; Steps to be taken to plug the loopholes of the patent monopolies.


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