Who is the beneficiary of a compulsory licence?

Question

Quizplus · Accepted Answer

The beneficiary of a compulsory license is the public as it allows them to access and use a patented invention or product that may be important for public health or other essential needs. Compulsory licenses are usually granted by governments in order to prevent patent holders from monopolizing certain products and keeping prices artificially high, particularly in cases where the patent holder is not making the product available in certain markets or at affordable prices. Therefore, compulsory licenses are seen as a way to balance the interests of patent holders and the public.

Who Is the Beneficiary of a Compulsory Licence