International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

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The Analysis on the monopolization and Intellectual property rights in patent and copyrights

Author(s) Ms. Syeda Nusrath Madiha
Country India
Abstract This research paper explores the rising trend of monopolization that is taking place within the intellectual property rights domain. The study particularly focuses on copyrights and patents, which are the two most essential components of intellectual property. Besides, the paper extensively explores the multifaceted implications this monopolization has for several vital domains, including innovation, economic equity, and access to knowledge. Though it is quite well known that copyrights are there to provide protection for creative works, and patents are there to protect novel inventions, the serious misuse of such protections by giant corporations has, unfortunately, led to a marked increase in market concentration. Market concentration has grave implications because, apart from choking competition among the entities, it also prevents access to important information. Ultimately, this leads to the prevention of the creativity that drives society forward and contributes to its development. It engages in an intensive comparative study involving copyrights and patents, in which it attempts to explore the relative roles played by these rights, either as inducers of or obstacles to innovation and economic development. It further seeks to highlight the significant broader socio-economic effects that such rights have on the society, from the impacts that manifest as a result of monopolistic practice across diverse sectors. Furthermore, it proffers several policy reforms intended at achieving the desired balance between protecting intellectual property while ensuring equitable access and innovation promotion within the economy.
Keywords Monopolization, patent, copyright, legal rights, economy
Published In Volume 7, Issue 6, November-December 2025
Published On 2025-12-22
DOI https://doi.org/10.36948/ijfmr.2025.v07i06.64236
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E-ISSN 2582-2160
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