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If you're truly interested in this question, you should read Against Intellectual Monopoly, available for purchase here[0] and reading for free online here[1]. It's written by two professors from Cambridge? It's the most thorough discussion of intellectual property law I've ever read.

0: http://www.amazon.com/Against-Intellectual-Monopoly-Michele-...

1: http://www.micheleboldrin.com/research/aim.html

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