Intellectual property rights are crucial for companies to protect their investments in research and development. However, if competition laws are too strict, it can limit the spread of intellectual property and products, hindering international trade. Balancing intellectual property rights and competition laws is essential for global economic progress. The challenges include defining the scope of intellectual property rights, distinguishing between restrictions that affect competition within those rights and those outside of them, and avoiding hindering innovation by overly regulating existing intellectual property. Efforts are being made to improve global understanding and convergence in this area.