"Lobbyists for smaller firms welcomed the move. "We hope this development will give a new impetus to the conclusion of negotiations on the community patent," said Jonathan Zuck, president of the Association for Competitive Technology. "Small and medium-sized firms cannot wait for it, they need it today," he said. A new system of courts would give a role to the EU's top court, the European Court of Justice. It would need backing from the bloc's 27 member states and the wider group of 35 nations party to the European Patent Convention. The ECJ will be asked for an opinion on the compatibility of the Commission's plans with EU treaty rules. "In parallel, outstanding issues concerning other components of the patent reform package such as the regulation on the community patent and the relationship between the EU and the EPO (European Patent Office) will likewise have to be addressed," the European Commission said."
Source: http://www.forexpros.com/news/financial-news/eu-takes-key-step-towards-bloc-wide-patent-system-38827


