The European Council on 29 June concluded the negotiations on the EU’s future unitary patent system. The long-awaited decision paves the way for establishing less expensive, simpler and more efficient patent protection for businesses, especially for small and medium-sized enterprises, in the EU.
The leaders had to solve the last outstanding issue: the seat of the Unified Patent Court’s Central Division of the Court of First Instance. They agreed that it would be based in Paris and have two specialised sections, one in London and the other in Munich. The office of the Court’s President will also be based in Paris.… [Continue reading]