Intellectual property rights (IPR) and competition laws have been in tussle, albeit coexisted as two sides of the same coin. IPRs are a set of statutory rights protected under the Indian Copyrights Act, Patents Act, and Trademarks Act, provided to the inventor or creator to protect their work and exclusivity and enjoy a carve out under Competition Law. PR allows creators, or owners, of patents, trademarks or copyrighted works to benefit from their own work.

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