What Are The Rights Of The Patent Holder?

Posted by admin

The holder of a patent has the right to use the product exclusively. He also has the right to allow anyone to use his inventions for free. He can also charge a fee or ask for a royalty. It is perfectly permissible under the patent laws.

He can also file a suit for patent infringement, if there is utility patent infringement of his patent rights. He can demand compensation from the patent infringer and the compensation could really be harsh sometimes, especially if the violator happens to be a big corporation.

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