Competition Keeps Prices Lower for Consumers

question 359

Essay

Competition keeps prices lower for consumers. So why do we have patent laws?

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Definitions:

Ethical Codes

Principles and guidelines designed to help professionals conduct business honestly and with integrity.

Norms Of Behavior

Social rules that govern the actions of members within a society.

Traffic Fix

Informal; refers to the unethical or illegal manipulation of traffic violations to avoid penalties.

Police Corruption

Unethical or illegal conduct by law enforcement officers, including bribery, misuse of authority, or involvement in criminal activities.