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Words in Business News
By Jon Fernquest

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[Thai Economics Library | Archives (for history)]
May 01, 2007

License

a license (noun) - official permission (to use, do, or own something)

licensee (noun) - person with official permission

x licences x to do y (verb) - given official permission

a valid license
an export licence
an import licence
an operating licence
a trading licence
a software licence
a product licence
a concession licence
an antiques trading licence

hold a licence
the holder of a licence
have a licence
apply for a licence
buy a licence
obtain a licence
win a licence (in competitive bidding)
issue a licence
refuse to issue a licence
grant a licence
revoke a licence
renew a licence
take away a licence
built under licence

a compulsory licence
compulsory licensing
compulsory drug licences
grounds upon which a compulsory licence can be granted
drop the compulsory licence
government-use licences
commercial use licences


Example sentences:

* Several companies have been licensed to sell this product.

* The software DVD comes with a single user licence.

* The operating licences to foreign firms have been revoked.

* The foreign bank has applied for a banking licence in the country.

* Check the terms in the concession licence carefully.

* The government committee will decide this week whether the company can be granted an operating licence.

* The drug was granted a product licence in Thailand last year.

* After failing to win a licence to run an air cargo business, he started a trcuking company.

* The issuing of a compulsory licence for public non-commercial use is a right given to developing countries under TRIPS.

* The are now locked in an intense battle with Thailand over the legality and propriety of a government-use licence issued for Kaletra/Aluvia (lopinavir/ritonavir), a key Aids medicine.

* Baker & McKenzie attorneys have misread and misrepresented the WTO TRIPS Agreement and wrongfully concluded that Thailand's licences are unlawful.

* The two lawyers challenge the proposition that Thailand is justified in issuing compulsory licences on the grounds that "public health interest must come before commercial interests."

* Each Member has the right to grant compulsory licences and the freedom to determine the grounds upon which such licences are granted.

* The authors argue that Thailand was required to negotiate on commercially reasonable terms with the patent holder before issuing the licence and that it failed to do so.

* The compulsory licensing provisions of Article 31 permit licences to be granted to public or private, and domestic or foreign entities.

* The TRIPS Agreement expressly permits issuance of licences for emergencies, matters of extreme urgency, and public, non-commercial use without prior negotiations.

* The US and its contractors routinely issue public, non-commercial use licences without prior notice or negotiation, for example to military hardware patents for its favoured defence contractors Lockheed-Martin and Halliburton.

* False arguments threaten to obscure the legality of Thailand's compulsory licences and by necessary extension threaten access to life-saving medicines.


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