Statute_of_Monopolies_1623 Statute_of_Monopolies_1623

Statute of Monopolies 1623 - Definition and Overview

England's Statute of Monopolies of 1623 (21 Jac. 1, c.3), 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.”

See also

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