What is a 'monopoly right'?

What is a 'monopoly right'?

Matt Dixon (Partner) gives expert video advice on: What is Intellectual Property?; What are the four main types of Intellectual Property?; What is 'copyright'? and more...

A monopoly right is the kind of right that allows you to stop anybody else from using the thing that you've got protected. So, for example, your invention, if it's a patented monopoly right, or your trademark, it's a trademark monopoly right, then that's different to copyrights that only allow you to stop someone copying what you produced.