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Today's Terms
Generic Name
Definition:
A word used by most people to name a class or category of product or service. No one person may have trademark rights to a generic name.
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.
Infringement of copyright
Definition:
Can pertain to US CODE TITLE 17, CHAPTER 5 Sec. 501. - Infringement of copyright see the law, example: The legal or beneficial owner of an exclusive right under a copyright is entitled rights
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State Statutes Resource Center 