Unregulated Journal Publishing Industry: Academia Driven to Consensual Intellectual Theft

The study aims to draw the attention and awareness among the global research and scientific community towards the research journal publishing industry, which more or less is working as a pilfer and has monopolised the journal publishing industry to suit their commercial interests. On one hand the global research and scientific community continues to strive harder to come up with better research findings with the sole purpose to enhance the ease of living in all walks of life by disseminating the same among the end users free of cost, while on the other hand, the big research journal publishing houses have hijacked the industry by turning it into a money minting machine. Researchers are fleeced of their hard earned money by the publishers in the name of Article Processing Charges (APCs) which run anything from USD 1000 to USD 6000 and beyond per publication. Given the ever escalating subscription costs, associated with academic and research institutions find it difficult to subscribe journals for their user. Onus lies with all the stakeholders be it government, researchers, academicians and the end users as well, who can't watch all this happening helplessly from a distance and not putting in any effort to overcome this problem.