Exploitation of monopoly rights granted under patent protection is common all over the world. It mainly takes place due to –
- Imposition of unreasonable terms or restrictive condition on the use, sale or lease of the patented product.
- Refusal to grant license to work locally.
The license is where a patent owner i.e. licensor gives another person, the third party i.e. licensee, the permit to use that invention legally for commercial purpose. However, the license gets the permission to use the patent right; the licensor continues to be the owner of that product.