IP LAW Flashcards

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1
Q

Common features of IP rights

A
  1. intangible assets
  2. EXCLUSIVE but NEGATIVE rights
  3. territorial rights
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2
Q

Rationale

A
  1. protect & incentivise investments in innovation/ information
  2. prevent confusion & value misappropriation
  3. protect competition (i.e. investments in goodwill enhancement)
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