EU approves common patent rules
BRUSSELS — The European Union has approved a common patent system to cut red tape and streamline patent procedures across much of Europe.
The European Parliament on Tuesday concluded the drawn-out decision-making process, backing a cluster of packages by a wide majority to end nearly four decades of fighting and negotiating over the issue.
Currently, patents are filed in individual EU nations, costing up to 20,000 euros ($25,200), two-thirds of which is for translating paperwork into a score of EU languages. A key issue was to reduce costs and thus boost innovation with cheaper patents.
Italy and Spain wanted to derail the decision right up to the last minute when it filed actions with the EU's highest court, but the advocate general dismissed their pleas.
- Share Facebook Twitter
Article sent to (required)E-mail
Article sent from (required)E-mail Name
Subject Line (article title)
Message (optional)Success - Article sent Click to close
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.Need more information about reprints? Visit our Reprints Section for more details.
Contact information ( * required )Name * Company Telephone * E-mail *
Article InformationTitle URL
Message (optional)Success - Reprint request sent Click to close