Showing posts with label monopoly rights. Show all posts
Showing posts with label monopoly rights. Show all posts

Sunday, June 25, 2017

How Bad Intellectual Property Laws Hurt Classic Video Game Consumers; Forbes, June 25, 2017

Adam Ozimek, Forbes; How Bad Intellectual Property Laws Hurt Classic Video Game Consumers

"The economic purpose of intellectual property is to incentivize the creation of products that would not otherwise be created. These laws can benefit consumers, but the granting of monopoly rights creates a cost as well. In terms of balancing costs and benefits, the current copyright system is -to be frank- absurd. A look at how excessive copyright is harming back video game consumers makes that clear."