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Lawyers expand their monopoly : Comments
By Nicholas Gruen, published 18/8/2008Judges and lawyers are driving a lurch towards IP mercantilism.
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IP laws date back a couple of centuries now in English law, but when they were first proposed they were considered extremely controversial because they effectively represent the ownership of ideas, which is niether a natural nor intuitive concept. Ultimately, IP laws were only widely embraced because it was believed they would encourage creativity by rewarding the creative. This seems to have been forgotten now, and IP rights are now seen as a fundamental right. As originally concieved, IP rights were really a priviledge, granted to the creative, to encourage creativity for the public benefit.
The result is that many IP laws now permit outcomes whereby the public interest is not served at all. For example, IP rights are often aquired, not by those wishing to use the creative work, but by competition in order to remove it from the market place. IP rights very often effectively give rise to statutory monopolies, the creation of which needs to be compensated by a sufficient public interest. Our law makers appear to have lost sight of this at times.
While these concerns might seem trivial if we are talking about competing ideas for can openers, but what about competing medical technologies? IP laws whilst encouraging inovation in medical technology and pharmaceuticals, have also allowed pharmaceutical companies to restrict access to life saving drugs to only the wealthy. Without a doubt, because of the excesses of our IP laws, people have died of treatable diseases who might otherwise be alive today.
Whilst the concept of IP laws as an engine room for creativity is sound, many of the laws should be revised with the primacy of the public interest being kept firmly in mind.