HARMONIOS INTERPRETATION OF THE PATENTS ACT, 1970 AND THE COMPETITION ACT, 2002

AUTHOR – ASHI YADAV, STUDENT AT SRMS COLLEGE OF LAW, BAREILLY

BEST CITATION – ASHI YADAV, HARMONIOS INTERPRETATION OF THE PATENTS ACT, 1970 AND THE COMPETITION ACT, 2002, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 5 (11) OF 2025, PG. 468-472, APIS – 3920 – 0001 & ISSN – 2583-2344

Abstract

The paramount objective of the article is to provide an insight about the positive relationship between The Patents Act, 1970 and The Competition Act, 2002 under Indian legal provisions which are often considered to work in opposite of each other’s aim but in reality they complement each other. When analysed thoroughly, their provisions regarding promotion of innovation in relation to the public welfare, they stand on the same pace. The author has compiled the relevant statutory provisions of The Patents Act, 1970 and The Competition Act, 2002 particularly about the complementary relationship between the compulsory licensing and the prohibition of Monopolistic practices, aiming to promote public welfare.

Keywords – Patents, Fair Competition, Monopolistic practices, Compulsory Licensing