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1/22/07

Orange County Business Journal: Europe Now Has a Common Currency, But Patent Process Still All Over Map - by Sarah Tolkoff

For the complete report in Orange County Business Journal Online click on this link

Europe Now Has a Common Currency, But Patent Process Still All Over Map - by Sarah Tolkoff

Protecting patents across the pond long has been a thorny issue for companies. The top complaint: Lack of a unified patent system for European Union countries. Many Orange County companies depend on Europe for a big chunk of their sales, yet most would agree that the patent process there is costly, slow and cumbersome.

Even Bill Gates has taken up the cause. Back in November, the Microsoft Corp. cofounder met with officials in Brussels to vet a unified patent system called the European Community Patent. Such a system already exists in North America and Japan and would make it easy to do business in Europe, he argued.

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