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Today's Terms
Berne convention
Definition:
The Berne convention protects literary and artistic works and it was signed in Berne, Switzerland, on September 9, 1886.
Antitrust
Definition:
The worst antitrust offenses are price fixing and bid rigging. Price fixing occurs when two or more sellers agree that they will increase prices a certain amount, or that they won't sell below a certain price. Bid rigging most commonly occurs when two or more firms agree not to bid against each other to supply products or services to local, state or federal government agencies, or when they agree on the level of their individual bids.
Utility Patent
Definition:
May be granted to anyone who invents or discovers any new, useful, and nonobvious process, machine, article of manufacture, or composition of matter, or any new and useful improvement thereof.
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