Patent for an electronic corkscrew

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EasyOpen Inc. gained a patent for an electronic corkscrew. Soon the company made a huge profit on this device. Recently, however, other firms have produced electronic corkscrews. As a result, EasyOpen lost its competitive advantage. Which of the following would most likely be the reason for this development?

  • EasyOpen failed to renew the patent after 10 years.
  • EasyOpen's patent expired after 20 years.
  • EasyOpen failed to copyright the corkscrew.
  • EasyOpen's copyright expired after 30 years.

Reference no: EM131454409

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