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Rajat Sirkanungo's avatar

Useful - https://plato.stanford.edu/entries/intellectual-property/#UtilInceBaseArguForInteProp

I think, I just call them intellectual monopoly. Intellectual monopoly are probably, for a while, good. Utilitarianism tells us why there should be an intellectual monopoly (for incentivizing innovation) and why it should expire after some time(so that poor people and large amount of people get access to the product that is good and that maximizes happiness). So, utilitarianism is the only justification of intellectual monopoly.

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