Intellectual Property and Competition Law: A Symbiotic Relationship for Market Efficiency

Author(s)	Ms. Meena Kadian, Prof. Dr. Rajesh Kumar Malik
Country	India
Abstract	Intellectual Property Rights (IPRs) and Competition Law are often viewed as contradictory legal regimes—one granting exclusive rights and the other promoting market freedom. However, both aim to foster innovation, economic efficiency, and consumer welfare. This paper explores the nuanced interface between these two domains, particularly within the Indian legal framework. It examines how IPRs, while inherently restrictive, incentivize innovation and dynamic efficiency, whereas Competition Law ensures optimal resource allocation and market fairness. By analyzing statutory provisions, economic theories, and landmark judicial decisions, the paper argues that IPRs and Competition Law, rather than being adversarial, are symbiotic in nature. A well-regulated balance between the two can catalyze sustainable economic growth and technological progress. The Indian experience, with evolving judicial interpretations and policy adjustments, underscores the potential for a harmonized legal approach that upholds both innovation and competition.
Keywords	Competition Law, Market Efficiency, IP and Antitrust.
Field	Sociology > Administration / Law / Management
Published In	Volume 7, Issue 3, May-June 2025
Published On	2025-05-28
DOI	https://doi.org/10.36948/ijfmr.2025.v07i03.46148
Short DOI	https://doi.org/g9mn5d

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