Reconciling Innovation And Market Fairness: A Study On The Interplay Between Intellectual Property Rights And Competition Law

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Vishwaa S. Chaudhary, Unitedworld School of Law, Karnavati University

ABSTRACT

Intellectual Property Rights (IPRs) and Competition Law are often seen as pulling in different directions one focused on rewarding innovation through exclusivity, and the other on keeping markets fair and open. While IPRs are designed to incentivize innovation by conferring temporary exclusivity over creations and inventions, Competition Law aims to prevent market distortions by regulating anti-competitive practices and promoting consumer welfare. Traditionally perceived as conflicting, these legal regimes are increasingly recognized as functionally complementary. But in today’s fast- moving and innovation-driven world, these two legal systems are increasingly viewed as working together rather than against each other. This collaboration becomes especially important in industries where innovation is constant like pharmaceuticals, digital technology, and media where the lines between fair protection and unfair dominance can easily blur. This research critically examines the evolving synergy between IPR and Competition Law, with a particular focus on the Indian legal framework. It explores how intellectual property rights, while important for encouraging creativity and investment, must be used responsibly and not in ways that harm competition or consumer choice. Through real-world examples from industries like pharmaceuticals, technology, and entertainment, and by examining key laws and court decisions, this study shows how the right balance between protection and competition can drive both innovation and fairness in the market. The findings suggest that a thoughtful, balanced approach is essential one that supports inventors and creators but also ensures that markets stay accessible and fair for everyone.

Keywords: competition, intellectual property rights, antitrust, innovation, monopoly

RECONCILING INNOVATION AND MARKET FAIRNESS- A STUDY ON THE INTERPLAY BETWEEN INTELLECTUAL .

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