- Patent Strategy in Europe: Patent Pending
- January 23, 2004
- Law Firm: Haynes and Boone, LLP - Houston Office
My company distributes our products and services in Europe. What do we need to know about the proposed new patent system in the European Union?
Companies considering patent protection in Europe should determine if the cost of obtaining a Community Patent is justified by the benefits of Community-wide coverage. As a less expensive alternative, counsel should weigh the cost of a handful of National Patents in countries essential to the company. There also is no guarantee that the proposed Community Tribunal will provide for better dispute resolution than is already available in such venues as the UK or Germany. In short, any European patenting decision should always be justified by the company's overall business strategy.