Intellectual property law is a set of legal rules that protect creations of the human intellect, granting recognition and exclusive usage rights to their authors or creators. This area of law aims to encourage innovation and creativity by providing creators with certain rights over their works, allowing them to control their use and receive economic benefits from them.
Intellectual property is divided into two main categories:
Copyright and Related Rights
These protect literary and artistic works, such as books, music, films, paintings, computer programs, among others. These rights grant the author control over the reproduction, distribution, public communication, and transformation of their work.
Industrial Property
This includes patents, trademarks, industrial designs, and utility models. Patents protect inventions and grant the holder exclusive rights to exploit the invention for a certain period. Trademarks protect distinctive signs that differentiate products or services in the market. Industrial designs protect the aesthetic appearance of a product, and utility models protect small innovations or improvements to existing products.
Both categories aim to protect the interests of creators and ensure that they are recognized and rewarded for their work while promoting innovation and the dissemination of knowledge.
Competition and Market Regulation
Includes rules on fair competition and the regulation of business practices to prevent abuses of dominant positions, monopolies, and other anti-competitive behaviors.