Patent Law Updates | New Statutes, Regulations and Rules
July 6, 2010
European Commission Presents Translation Arrangements Toward Creation of a Unified Patent System in Europe
Proposed Translation Arrangements for Future EU Patent
IP/10/870, 7/1/2010
A proposal on translation arrangements for a future European Union (“EU”) Patent, the final element needed for a single EU patent system to become a reality, has been presented by the European Commission (“EC”).
According to the EC, obtaining a patent in Europe costs ten times more than one in the US. This situation discourages research, development and innovation, and undermines Europe’s competitiveness, said the EC. That is why Europe needs to act so that innovators can protect their inventions at an affordable cost with a single patent system covering the entire EU territory with minimum translation costs and without…
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