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Comparative Analysis of Major Issues Involved in IPR and Competition Policy

Comparative Analysis of Major Issues Involved in IPR and Competition Policy

Nisha Dhanraj, Mamta Sharma
Copyright: © 2013 |Pages: 14
ISBN13: 9781466642096|ISBN10: 1466642092|EISBN13: 9781466642102
DOI: 10.4018/978-1-4666-4209-6.ch016
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MLA

Dhanraj, Nisha, and Mamta Sharma. "Comparative Analysis of Major Issues Involved in IPR and Competition Policy." Interdisciplinary Perspectives on Business Convergence, Computing, and Legality, edited by Reema Khurana and Rashmi Aggarwal, IGI Global, 2013, pp. 172-185. https://doi.org/10.4018/978-1-4666-4209-6.ch016

APA

Dhanraj, N. & Sharma, M. (2013). Comparative Analysis of Major Issues Involved in IPR and Competition Policy. In R. Khurana & R. Aggarwal (Eds.), Interdisciplinary Perspectives on Business Convergence, Computing, and Legality (pp. 172-185). IGI Global. https://doi.org/10.4018/978-1-4666-4209-6.ch016

Chicago

Dhanraj, Nisha, and Mamta Sharma. "Comparative Analysis of Major Issues Involved in IPR and Competition Policy." In Interdisciplinary Perspectives on Business Convergence, Computing, and Legality, edited by Reema Khurana and Rashmi Aggarwal, 172-185. Hershey, PA: IGI Global, 2013. https://doi.org/10.4018/978-1-4666-4209-6.ch016

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Abstract

As IPR and competition laws share the same economic rationale, they both are crucial for the establishment of competitive and innovative market conditions. On the other hand, these two regimes are conflicting to each other, IP grants monopoly, whereas competition laws seek to undo monopolistic and restrictive trade practices. Therefore, focus has been shifted towards how these two separate regimes are complementary and conflicting to each other through their goals, how competition policy is effective on IPRs, and IPRs on competition policy. IPRs granted by patents, copyrights, and trademarks, etc. play an important role in fostering innovation and sustaining economic growth.

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