Author (Person) | Tait, Nikki |
---|---|
Series Title | Financial Times |
Series Details | 9.3.11 |
Publication Date | 09/03/2011 |
Content Type | News |
The article reports on the lack of a European ‘patent legislation’ that could help companies across the European Union to protect their products. A big push to find a solution is under way. On 10 March 2011, industry ministers from across the European Union were going to meet to try to break the political deadlock that has prevented the bloc from setting up a single patent regime. As a result, Europe remains uncompetitive – compared with the US or Japan – for inventors or businesses seeking to protect their intellectual property. According to the European Commission, an EU patent validated in only 13 member states can cost up to €18,000 ($25,000), of which €10,000 relates to translation fees. That is 10 times as high as the cost of a patent for all of the US. |
|
Related Links |
|
Subject Categories | Internal Markets |
Countries / Regions | Europe |