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Every single owner of intellectual property is a monopolist. The government grants them a monopoly on the information for a number of years. Patents are somewh
by matheusmoreira 2y ago
Every single owner of intellectual property is a monopolist. The government grants them a monopoly on the information for a number of years.
Patents are somewhat tolerable monopolies: they tend to last only a quarter of our lifetimes. Once they expire, the information is freed from their "ownership".
Nintendo didn't build their fortunes on patents, though. They built it on copyrights. You and I will likely be long dead before those works enter the public domain. If they ever do.