The Speed Dial Screen ........................................................................................................................ 13. Working in the Speed Dial Screen ........................................................................................................ 14. Managing Your Speed Dial List ...........................................................................................................
(As of year 2005). Answer: Utility and plant patents are granted for a term which begins with the date of the grant and usually ends 20 years from the date the applications were filed. You must make the timely payment of the appropriate maintenance fees. Design patents last 14 years from the date you are granted the patent. No maintenance fees are required for design patents.
Patents, which grant a monopoly, expire after 17-20 years. Many firms who have established a monopoly through a patent are able to keep the monopoly going far longer than this 17-20 year period by reinvesting some of their monopoly profits to find new and improved (and patentable!) ways to make their product.onsumers are clearly better off with the $29 competitive price than with the $35 monopoly price. This is just another example in which the monopoly price is âtoo high.â Further, consumers will be willing to buy more at the competitive price ($29) than at the monopoly price ($35).