Intellectual property (IP) as legal monopoly right, generally acknowledged, is not regulated by the competition law.
知识产权作为一种合法的垄断权,一般认为不受竞争法的规制。
Unlike the days of the gold standard, it is impossible for the Federal Reserve to go bankrupt; it holds the legal monopoly of counterfeiting (of creating money out of thin air) in the entire country.
For patent is a kind of legal monopoly right, its monopoly right is easy to be used to restrict competition, and brings to many restricting clauses into patent licensing contracts.