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What is meant by exclusivity?

exclusivity meant
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What is meant by exclusivity?

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The grant of an exclusive licence means that the legal copyright holder confers rights on one licensee only an organisation, publisher or individual. In making this grant, the legal copyright holder is prevented from granting the same rights to any other person or organisation for the legal term of the grant. An exclusive licence also prevents the legal copyright holder from exercising their rights to use the material during the legal term of the grant unless he/she or the company concerned has incorporated conditions into the licence which permits this.

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