That's what I thought. Company patents Product B, which is slightly better than Product A, but Product A can now be mass-produced by competitors, right?
The key word to look out for is "minor". Minor changes are made to the product, so if Product A had a minor change it would still be considered Product A ;therefore, the product would have an extension on its patent, in turn, making more profits for the company producing Product A. Evergreening essentially creates an everlasting monopoly on certain products.
Very well explained. Thanks
Loved it :3
But the patent for the unmodified expires... So, what is the point exactly?
That's what I thought. Company patents Product B, which is slightly better than Product A, but Product A can now be mass-produced by competitors, right?
Same question here
The key word to look out for is "minor". Minor changes are made to the product, so if Product A had a minor change it would still be considered Product A ;therefore, the product would have an extension on its patent, in turn, making more profits for the company producing Product A. Evergreening essentially creates an everlasting monopoly on certain products.
Follow Argentina? sorry but no thanks