News Summary: EU approves common patent rules

Published on NewsOK Modified: December 11, 2012 at 10:57 am •  Published: December 11, 2012
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EASY IDEA: The European Union approved a new common patent system designed to cut red tape and streamline patent procedures across much of Europe.

OLD WORLD METHOD: Currently, patents are filed in individual EU nations, and ending the convoluted procedure is seen as key to reduce costs and boost innovation with cheaper patents.

LANGUAGE BARRIER: Italy and Spain sought to derail the decision right up to the last. In a typical battle between national pride and the common objectives, the two nations insisted their languages were being discriminated against since requests at the future European Patent Office will be processed in English, German or French.