exhaustion of rights

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A free-trade principle which holds that, once goods are put on the market, owners of intellectual property rights in those goods, who made the goods or allowed others to do so under their rights, may not use national intellectual property rights to prevent an import or export of the goods. Within the EU these rules derive from Articles 28–30 (formerly 30–36) of the Treaty of Rome. See also free movement.

Subjects: Law.

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