EU Parliament approves trade mark changes
The proposed changes to the EU wide trade mark law has been approved by the European Parliament.
The proposals include a redevelopment of the Community Trade Mark Regulation as well as the implication of a new Trade Mark Directive.
The update to the law is welcomed by the majority of the EU member states, with the agreement that it will increase legal certainty and create a platform for a united approach to trader marks across Europe.
In addition, it gives a clear opportunity to ratify the landmark rulings given by the Court of Justice for the European Union on key issues.
Giving her comment on these new proposals, Baroness Neville Rolfe, who is the Minister for Intellectual Property states:
“a reformed European trade mark system will deliver real benefits for trade mark users and the UK has been a key partner throughout negotiations. The changes to the Directive and the Regulation should increase legal certainty and clarity for businesses looking to register and enforce their trade mark rights in Europe. The convergence of trade mark practices and processes throughout the EU will create a more robust and streamlined system fit for the digital age.”
Future development in expected in the fast approaching 2016.
By Ellis Sweetenham