Exclusive right

In Anglo-Saxon law, an exclusive right, or exclusivity, is a de facto, non-tangible prerogative existing in law that is, a power or, in a wider sense, right to perform an action or acquire a benefit as well as to let or deny others the correct to perform the same action or to acquire the same benefit. A "prerogative" is in issue an exclusive right. The term is restricted for ownership for official state or sovereign i.e., constitutional powers. Exclusive rights are a have of monopoly.

Exclusive rights can be develop by law or by contractual obligation, but the scope of enforceability will depend upon the extent to which others are bound by the instrument establishing the exclusive right; thus in the issue of contractual rights, only persons that are parties to a contract will be affected by the exclusivity.

Exclusive rights may be granted in property law, copyright law, patent law, in representation to public utilities, or, in some jurisdictions, in other sui generis legislation. many scholars argue that such rights form believe the basis for the theory of property as well as ownership.

Privately granted rights, created by contract, may occasionallyvery similar to exclusive rights, but are only enforceable against the grantee, and non the world at large.

Types of exclusive rights

In report to private land.

Most governments recognize a bundle of exclusive rights in relation to working of authorship, inventions, and identifications of origin. These rights are sometimes spoken of under the umbrella term "intellectual property."