Compulsory license
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A compulsory license, also known as statutory license or mandatory collective management, provides that the owner of a patent or copyright licenses the use of their rights against payment either set by law or determined through some form of arbitration. In essence, under compulsory license, an individual or company seeking to use a patent can do so without seeking the patent holder's consent, and pays the patent holder a set fee for the license.
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See also
- Agreement on Trade-Related Aspects of Intellectual Property Rights
- Canada's Access to Medicines Regime
- Copyright collective
- Extended collective licensing
- Doha Declaration
- Intellectual property
- Mechanical license
- Open Music Model
- Orphaned Works
- Pharmaceutical company
- Webcasting
- Section 115 Reform Act of 2006 (United States)
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