Fall2009/Intellectual Monopolies Additional Material

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Intellectual Property


Contents


Intellectual property involves a body of laws that determine the rights that inventors and creators of works of art have to control the use and distribution of their work.

Reading Assignment

Associated Material

Fundamental Concepts

Statutory Licenses

History

Property

Eminent Domain

The law by which the government can appropriate private property

Apple Record vs Apple Computers


US Antitrust Laws


Capitalism

http://en.wikipedia.org/wiki/Capitalism

Capitalism is the economic system in which the means of production are owned by private persons, and operated for profit[1] and where investments, distribution, income, production and pricing of goods and services are predominantly determined through the operation of a free market.[2] Capitalism is usually considered to involve the right of individuals and corporations to trade, incorporate, employ workers, and use money, in goods, services (including finance), labor and land. By definition, production and distribution in a capitalist system are governed by the free market rather than state regulation.


Questions

  1. Are state-granted monopolies a form of state regulation ?
  2. Are state-granted monopolies in favor or against the free market ?
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