EC launches proposals to cut EU patenting costs from €32,000 to €680
This article was originally published in Scrip
Executive Summary
The European Commission has launched its proposals for a new unitary patent that is expected to reduce the cost of obtaining patents in the EU by around 80%. The plans will be discussed under an "enhanced co-operation" procedure that will see Italy and Spain left on the sidelines unless they drop their opposition to the proposed translation arrangements.