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IP undermines equity, progress

Over the last few decades, people in the developing world have been rejecting the intellectual property (IP) regime as it has been increasingly imposed on them following the establishment of the World Trade Organisation (WTO), including its trade-related intellectual property rights (TRIPs) regime. IP rights (IPRs) have been enforced through ostensible free-trade agreements (FTAs) and investment treaties among two or more partners. Despite their ostensible rationale, the IP standards that rich country governments insist on have never been intended to maximise scientific progress and technological innovation. Rather, the IPR regime serves to maximise the profits of influential pharmaceutical and other companies by conferring them with exclusive monopoly rights.......................Download the full article in pdf attachment (below)



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