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

法律翻译Howard，在一家顶尖的美国律师事务所担任专职法律翻译，专注翻译各类与信托与财产规划有关的法律文件。