Answer :
Beneficial Effect: It allows artists to legally prevent others from using their work without their permission and/or payment.
The beneficial effect of copyright law in addressing the free-rider problem is that it allows artists to have exclusive control over their creative works, including music, books, movies, and other forms of artistic expression. This control allows artists to prevent others from using their work without their permission and/or payment, which helps to prevent free-riders from benefiting from the artist's work without contributing to their income.
Without copyright law, it would be difficult for artists to make a living from their creative works because anyone could copy and distribute their work without permission or compensation. This would create a free-rider problem where consumers would be able to enjoy the benefits of the artist's work without paying for it, leading to a decline in the quality and quantity of creative works produced.
Copyright law also allows artists to license their work to others for a fee, which helps to create a market for creative works and incentivizes artists to continue creating new works. This benefits consumers by ensuring a steady supply of high-quality creative works and benefits artists by allowing them to earn a living from their work.
Not a Beneficial Effect: It limits competition among artists.
Limiting competition among artists is not a beneficial effect of copyright law in addressing the free-rider problem. While copyright law does provide artists with exclusive control over their creative works, it should not be used to stifle competition or prevent others from creating similar works.
Competition among artists is a healthy and necessary part of the creative process, as it encourages innovation, diversity, and experimentation. Copyright law should be used to protect artists' rights to their specific creative works, but it should not be used to create monopolies or limit competition in the marketplace.
Overall, while copyright law has its limitations and drawbacks, it plays an essential role in addressing the free-rider problem in the creative industries by allowing artists to control their works and receive compensation for their efforts.
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