The BBC brings us the happy news that we are one step closer to a common EU-wide patent system. According to the report EU industry ministers on Friday in Brussels reached a deal to establish a European patent system with a single European Patent Court.
"On 4 December, the Competitiveness Council - under the leadership of [Swedish] Minister for Trade Ewa Björling - reached a unanimous agreement on the general focus of the European patent regulation and Council conclusions on a common European Patent Court. This is a political breakthrough in these negotiations, which have been going on for a long time now, and is a significant step towards a final agreement. The next step will be for the European Parliament to take a position on the proposal. The European Court of Justice will also need to state its opinion on the new European Patent Court."
"If Europe is serious about our knowledge economy being key to economic recovery, then patent reform is the essential underpinning.
"This business-friendly deal will make patenting and innovating easier and more
affordable for British companies. In particular, innovative SMEs will have more
flexibility when choosing how to patent across Europe".