Word: patent
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Dates: during 1960-1969
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...Council of the six-nation Common Market approved the toughest antitrust regulation Europe has ever seen. Binding on all Common Market members under the 1957 Treaty of Rome, the new regulation will also affect U.S. businessmen who sell their products in the Common Market, manufacture within it, or have patent or license deals with firms that...
...things over with him. George Nebolsine, a top New York international lawyer, concluded that "the department is not going to be lenient.'' Nebolsine also believes that it may well challenge "such very common business practices as the appointment of exclusive dealers in a foreign country, restrictions under patent and know-how licenses, joint ventures for the production of components or materials, and distribution arrangements...
...money in the chemical industry is to develop some far-out fiber, plastic or chemical and then to build a fence of patents around it. Example: nylon. At a cost of $27 million, Du Pont developed nylon in the 1930s; for 15 years until its patent expired, Du Pont got about one-third of its profits from nylon...
...vaster investment ($50 million) in another product, Delrin, a remarkably hard and versatile plastic that, since it was introduced in 1960. has begun to replace zinc, aluminum and steel in products ranging from water pumps to auto dashboards and clothespins. The defendant in Du Pont's patent infringement suit is Celanese Corp, of America, which recently began to market a plastic called Celcon (pronounced "Sell-con"). Both are acetal polymers and derive from formaldehyde. Both have a high resistance to chemicals, abrasion and wear, are much lighter than the metals they replace. In looks, a layman could scarcely tell...
Neither could Du Pont, which contends that Celanese must have used Du Pont's formula. Nonsense, sniffs Celanese, which says that it arrived at Celcon by a process all its own and that Delrin anyhow lacks "patentable novelty." Confident Celanese opened a Celcon plant at Bishop, Texas, that eventually will have a capacity of 30 million lbs., bigger than that of Du Pont's 25-million lb. Delrin plant at Parkersburg. W.Va. Du Pont hopes to collect damages for patent infringement and to force Celanese to stop producing Celcon...