Hi Stacy,
MGMAT Question Bank: CR, Question#4
When a company refuses to allow other companies to produce patented technology, the consumer invariably loses. The company that holds the patent can charge exorbitant prices because there is no direct competition. When the patent expires, other companies are free to manufacture the technology and prices fall. Companies should therefore allow other manufacturers to license patented technology.
Companies cannot find legal ways to produce technology similar to patented technology.
CORREBT:Companies have an obligation to act in the best interest of the consumer.
Too many patents are granted to companies that are unwilling to share them.
The consumer can tell the difference between patented technology and inferior imitations.
Consumers care more about price than about quality.
My question: I think the conclusion is "Companies should therefore allow other manufacturers to license patented technology.". Due to two words, "Should" and "therefore" (Big Claim). But the explanation of this, says the conclusion is the Consumer's Benefit (first lines). I don't get it even after reading explanation.
Please explain
Thanks