Remember Adam Smith and the pillars of a free market system?

Businesses rely on the government to defend private property rights— —including intellectual property rights

a work or invention that is the result of creativity, such as a manuscript or a design, to which one has rights and for which one may apply for a patent, copyright, trademark, etc.

the exclusive legal right, given to an originator to print, publish, perform, film, or record literary, artistic, or musical material

a government license conferring a right or title for a set period, to exclude others from making, using, or selling an invention.

a symbol, word, or words legally registered or established by use as representing a company or product Deadmau5 vs Disney

Without these legal guarantees, companies would have a decreased profit motive

SAN FRANCISCO - - A federal jury Thursday returned its damages verdict against Samsung Electronics, saying it should pay Apple $290 million in the patent dispute involving technology used in iPhones and iPads. The decision came after two days of deliberations that began when U.S. District Judge Lucy Koh gave juror instructions following closing arguments from both sides in the San Jose courtroom. Apple and Samsung are embroiled in worldwide patent litigation disputes spanning multiple courts. Legal experts say Apple's suits against Samsung serve as a proxy war against Google's Android operating system. Apple was seeking $380 million. Samsung said it should pay $52 million for the use of such features as the iPhone maker's "pinch to zoom" in 13 older products. Last year, a jury awarded Apple more than $1 billion, finding Samsung had infringed its patents in 26 products. However, Judge Koh later ruled the jury had miscalculated damages for 13 products. In March, a jury trial is set to hear Apple claims that current Samsung models are infringing on patents protecting its iPhone and iPad. Apple attempts to ban Samsung from selling some of the devices in question landed a legal victory Monday. The U.S. Federal Circuit of Appeals in Washington, D.C., ordered Koh to reconsider Apple's demands that some of the products a jury found infringed Apple's patents be barred for sale in the United States. Koh in December turned down Apple, ruling that the company didn't prove that consumers bought Samsung devices instead of Apple devices because of the infringement.

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