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07/11/14

EU unitary patent: European Parliament and Council give green light

Man in suit activating wheels on which the words "Patent" and "Intellectual property" are written

The EU can at last get a single patent system after thirty years of trying: today, the European Parliament endorsed a Council presidency compromise on the patent reform package which was agreed yesterday at the Competitiveness Council. The new unitary patent will radically reduce, by up to 80%, translation and related costs for obtaining patent protection in the EU.

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