No it is not reasonable at all, because it leads to a situation whereby the consumers are ultimately penalised for the anti-competitive structures of business. Scale out your example a bit to include your competitors and your potential customers. You consider your discovery to be a unique selling point, something with which you will attract many customers. But your example is willfully stupid because it neglects to mention anything of your competitors other than painting them in the villainous nature of thieves. Lets say you have two main competitors, and they each have their own patented USPs.
One of them has developed an innovative gesture recognition system that's an order above anything else on the market. It is something customers find extremely useful and saves them time when operating their phones. However, they've got a solid patent on the system and even if you were able to successfully reproduce (even without reverse engineering) the result, you'd be unable to include it in a product.
The other has developed the means for a device to drain significantly less power than it currently does. Up to doubling the operational time between charges. It works in tandem with another of their patented developments to draw power from the environment. Solar cells in convenient locations, drawing heat from being in a near-to-body pocket, and drawing power from simply being moved around. Overall, their devices could last up to 4-5 times longer than yours, but you can't mimic that functionality.
From the perspective of a consumer, what I want is a device that can do all of the above. But I can't get it. The three companies have all patented their greatest innovations, and will of course refuse to license them to protect their unique position in the market. Surely the correct answer is not to artifically create a market where 3 companies with 3 sub-par products battle it out for our money? I'd much rather having a device that is capable of all of the above with the companies competing not on mutually exclusive technology, but on the efficiency of their production and distribution, the build quality of their devices, their customer service levels and their reputation as a company that's responsible to its immediate environment.