The Perils of ‘Free’ Information
Scholars and commentators in academia, advocacy organizations, and think tanks widely advocate weakening and, in some cases, even abolishing intellectual property (IP) rights. These arguments rely on a simple narrative in which IP owners exploit a monopoly entitlement that inflates prices for consumers and blocks entry by competitors. It therefore naturally follows that every effort should be made to minimize IP rights, extinguish “unreasonable” profits for innovators, and open up access for everyone else. Any defense of IP rights is typically dismissed as a thinly disguised plea for special treatment for “Big Media,” “Big Pharma,” or “Big” something else.
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