price erosion theory

price-erosion theory. Patents. A theory of lost-profits remedy that measures the difference between what an item could have sold for with patent protection and what it actually sold for while having to compete against an infringing item. [Cases: Patents 318(3). C.J.S. Patents §§ 564, 566.]

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词条贡献者

译员Nanda，毕业于英国顶尖的高级翻译学院，专注翻译各种与证券和消费者集体诉讼有关的法律文件。