If the US government becomes the agent of whoever has money and claims intellectual property, there really is no limit to how far this can go.
All any company-with-influence has to do is patent some things, put a claim against a competitor and shut them down long to put them out of business. It's not just that it lets companies dominate industries. It is that it makes such domination more profitable than anything else - thereby sucking up all available investment funds. What would you invest once the state start "picking winners".
It's really the same old story - corruption destroys enterprise.
All any company-with-influence has to do is patent some things, put a claim against a competitor and shut them down long to put them out of business. It's not just that it lets companies dominate industries. It is that it makes such domination more profitable than anything else - thereby sucking up all available investment funds. What would you invest once the state start "picking winners".
It's really the same old story - corruption destroys enterprise.