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Date: February 8, 2021

🛡️ What is compulsory licensing of a patent?

📜 Compulsory licensing is an important restriction of patent rights. It is one form of licensing, through which the licensee must pay a reasonable royalty. Those who need compulsory licenses may be competitors of the patentee, and their use of the patent is often prejudicial to the patentee’s

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🌎 What is the “mostfavored-nation (MFN) treatment” principle?

📜 MFN treatment is a unique principle enshrined in the TRIPS Agreement and represents a traditional principle originating in GATT, and not to be found in any other IP conventions. The principle has been broadly applied, given that a country that wishes to accede to the WTO must sign the TRIPS Agreement

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Music Licensing

🎶 🇲🇾 Presently, in Malaysia, licence issuance and fee collection activities for musical works are undertaken by the following institutions (“Licensing Bodies”), which represent the categories of rights holders and works set out below:

✍️ Music Authors’ Copyright Protection Berhad

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💰 Intellectual property is the oil of the 21 century. Look at the richest men a hundred years ago; they all made their money extracting natural resources or moving them around. All today’s richest men have made their money out of intellectual property.

– Mark Getty ✑

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