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COVID-19: Who Is the 'Public' in IP Law That Defines Its Public Purpose?


A Paris street sweeper poses for a picture, March 4, 2021. Photo: Reuters/Gonzalo Fuentes.
The current controversy around intellectual property rights has focused on the role of intellectual property in the current COVID-19 vaccine shortage. But the present situation should not be understood as a manifestation of an exceptional legal event. Rather, it is a reflection of the legal normal that has been in place for the last twenty-five years since the 1995 TRIPS Agreement that forms the legal transnational structure for intellectual property-driven knowledge capitalism.
Patent rights grant monopoly power to their holders – mostly multinational corporations. The problems that these transnational monopoly rights cause have been well-known: patents on medical inventions, in particular, have provided  pharmaceutical corporations, as well as the more under the radar biotechnology companies, with the right to charge exorbitant prices, limit supply through exclusive licensing c ....

United States , United Kingdom , South Africa , Rio De Janeiro , Estado Do Rio , Costa Rica , Minas Gerais , South Korea , Villa Verde , Zain Rizvi , Sarah Gilbert , Ishupal Kang , Bill Gates , Astrazeneca Oxford , Ha Joon Chang , Gonzalo Fuentes , Oxford Astrazeneca , Priti Patnaik , Jean Bizimana , Kate Bingham , James Love , European Patent Office , Vaccine Alliance , Coalition For Epidemic Preparedness , India Serum Institute , Trademark Office ,