The use of bioresources by multinational companies and other organizations without proper authorisation from the countries and people concerned without compensatory payment is called
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The unauthorized use of bioresources (plants, genes, traditional knowledge, etc.) by multinational companies or organizations without permission or compensation to the country or indigenous people is known as biopiracy.
• It involves exploitation of biodiversity and traditional knowledge
• Without legal permission or benefit sharing
• Often leads to patent disputes over natural resources.
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