Statute of Monopolies 1623 Guide, Meaning , Facts, Information and Description
England's Statute of Monopolies of 1623, while generally condemning monopolies, provided the true and first inventor of a given item up to fourteen years of exclusive rights to their invention, provided that: ...“they be not contrary to the law nor mischievous to the state by raising prices of commodities at home, or hurt of trade, or generally inconvenient.”
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