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In this video, we explore the Copyright, Designs and Patents Act of 1988, focusing on the concept of intellectual property, which encompasses creations of the mind like stories, inventions, artistic works, and symbols. The Act offers various protections against the theft or copying of brand names, inventions, product designs, and original works. Intellectual property is safeguarded through methods including copyright, patents, licensing, and trademarks. Among these, copyright grants creators rights over their work, while patents provide exclusive rights to inventors, allowing them to control the use of their inventions.