For more information, visit: A compulsory license is permission granted by a government to use copyrighted or patented material without the consent of the party that holds the copyright or patent. When compulsory licenses are granted, the person using the material must pay a licensing fee established by the government in exchange for use of the material. Compulsory licensing is used to address market failures, where the demand for a product exceeds the supply that can realistically be produced by the manufacturer.
What is a Compulsory License
For more information, visit: A compulsory license is permission granted by a government to use copyrighted or patented material without the consent of the party that holds the copyright or patent. When compulsory licenses are granted, the person using the material must pay a licensing fee established by the government in exchange for use of the material. Compulsory licensing is used to address market failures, where the demand for a product exceeds the supply that can realistically be produced by the manufacturer.
0 Comments