The difference between owning a copy and getting a license is WHO exactly writes the limitations on your ability to use it. When you own a copy, those limitations are spelled out by copyright law, as interpreted by courts. Even with the degree of regulatory capture that big media has, they still have to buy up a bunch of congressmen to change the law. And there ARE many limitations on the rights granted to copyright holders…first sale, fair use etc. But when you sign a license there are very few limits on the conditions that the copyright holder can impose upon you as a condition for use. Just as there is a difference between buying a house and renting one.
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