Do you see any drawbacks to this proposal

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Cutting the Length of Patents. Suppose a group of consumer activists claims drug companies earn excessive profits because of the patents they have on drugs. The activists advocate cutting the length of time that a drug company can hold a patent to five years. They argue that this will lead to lower prices for drugs because competitors will enter the market after the five-year period. Do you see any drawbacks to this proposal?

Reference no: EM131131230

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