Copyright Infringement

Subject – Economy

Context – Suit filed against Fortis Healthcare, others in US District Court for copyright infringement

Concept –

Copyright infringement is the use or production of copyright-protected material without the permission of the copyright holder.
Copyright infringement means that the rights afforded to the copyright holder, such as the exclusive use of a work for a set period of time, are being breached by a third party.
- Music and movies are two of the most well-known forms of entertainment that suffer from significant amounts of copyright infringement.
Individuals and companies who develop new works register for copyright protection to ensure that they can profit from their efforts.
- Other parties may be granted permission to use those works through licensing arrangements or buy the works from the copyright holder.
Infringement cases may lead to contingent liabilities, which are amounts set aside in case of a possible lawsuit.

To know about Intellectual Property and its types, please refer July 2021 DPN.