Landmark agreements on EU single patent system

Posted on 28 Jun 2011 by The Manufacturer

In Luxembourg this week plans were agreed that, if implemented, means EU firms will be able to protect their intellectual property with a single patent valid across all 25 member states.

If the single patent system becomes a reality, it will remove a huge amount of red tape currently inhibiting entrepreneurs from being able to protect their intellectual property. It will also reduce the number of obstacles for those businesses wishing to expand overseas. Although the new agreements reached at the Competition Commission in Luxembourg are…

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