A multinational company outside tried to sell new varieties of turmeric without proper patent rights. What is such an act referred to ?

Explanation

**Step-by-Step Solution:**

1. **Understanding the Context**: The question refers to a multinational company attempting to sell a new variety of turmeric without having the proper patent rights. This indicates a violation of intellectual property rights.

2. **Defining Key Terms**: It is essential to understand what patent rights are. Patent rights are legal protections granted to inventors or creators that give them exclusive rights to use, sell, or license their invention for a certain period.

3. **Identifying the Act**: The act of a company exploiting traditional knowledge or biodiversity from developing countries without proper authorization or compensation is a significant concern. This is particularly relevant in the context of traditional practices and indigenous knowledge.

...