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Monday, August 8, 2011

Compulsory license for patents in India


  1. The purpose of this is to ensure that the technology are labored in Indian on a business range and to the best amount without any excessive wait.

  2. still that is resrtictive conditions, it benefits only large coroprates, not smaller ones. establising industry in every country is not feasible, multinational companies are able to do so as they have number of Patents. Even then for most of patent products MNC are importing them in india from neighbouring markets be it mobile, laptops, auto parts etc.


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