Download or read book Legal Feasibility of the Concept of 'International Exhaustion' in Intellectual Property Law written by Sandeep Mittal and published by . This book was released on 2017 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: In intellectual property law, exhaustion doctrine (or 'first sale doctrine') limits the rights of an intellectual property owner ('IP Owner') to control use and resale of a good once it is sold by him or under his authority. The intellectual property rights (IPRs) are intrinsically territorial in nature and, therefore, subject to national laws of the territory where they have to be enforced. In this article, the concept of exhaustion would be discussed to reach an understanding as to existence of the concept of “international exhaustion” in international trade. Before discussing the legal feasibility of the concept of international exhaustion, its economic implications would have to be understood to arrive at a conclusion as to if the concept of 'international exhaustion' is legally feasible.