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Zorina Khan

Professor of Economics, Bowdoin College

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monopsony

Are Patents Monopolies?

July 28, 2021 By Zorina Khan

Hostility to patents is associated with the notion that patents are monopolies that harm social welfare. Legal history and empirical evidence together demonstrate that this claim is based on a fundamental misunderstanding of the economics of monopoly, and of property rights in patented inventions.

Filed Under: Life on the Margin, Of Patents and Prizes Tagged With: intellectual property, monopolies, monopsony, patents

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Notable Women Inventors in Britain

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