Skip to main content

Posts

Showing posts with the label Patents

Royalty Fee agreements beyond patent life:Banned in the US

The agreements related to payment of royalty fees beyond the life of a patent are banned in the US.The US Supreme Court has been petitioned to overturn this law.However the possibility of that happening is low and that is rightly so because the fundamental objective of patenting is social and economic development.Benefits to the patentee cannot be the one and only objective of the patenting process.