The music industry operates by exploiting intellectual property; which is by its nature restrictive and monopolistic. The Copyright Design and Patents Act S16(1) delineates that these acts are restricted in relation to the work:
To copy the work
To issue copies of the work to the public
To perform, show or play the work in public
To broadcast the work or include it in a cable programme
To make an adaptation of the work
It allows intellectual property holders to assign or license these acts to third parties. This can be the source of contention between other legislation which promotes competition and free-trade. The governmental Office of Trade Trading (OFT) states:
Open and vigorous competition is good for consumers because it results in lower prices, new products of a better quality and more choice. It is also good for fair-dealing businesses, which flourish when markets are competitive.
Competition laws endeavour to control the supply and the domination......
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Approximate Word Count: 2277
Approximate Pages: 9 (260 words per double-spaced page) |