Unfortunately, I think you're right. From my perspective, this is exactly the sort of government-sanctioned monopoly / rent-seeking that's causing so much income inequality and economic pathology. The government should be encouraging competition, not destroying it.
I think the idea of intellectual property per se is fundamentally flawed, but I can see patents as incentives. This just shifts too much power to trolls and undeserving patents.
I think the idea of intellectual property per se is fundamentally flawed, but I can see patents as incentives. This just shifts too much power to trolls and undeserving patents.