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June 16, 2015

Provisional deal on trade marks: Green light from Legal Affairs MEPs

Provisional deal on new trade mark legislation, aiming to foster economic growth by modernising trade mark registration and protection rules, was backed by the Parliament’s Legal Affairs Committee on Tuesday. The deal, reached by the Parliament and the Council negotiators on 21 April, still needs to be endorsed by the full house as well as the Member States. “The European Trade mark system is one of the best examples of a European success story providing easy and effective solutions for businesses and citizens whilst reducing bureaucracy. Today we have taken an important step to further improve and modernize the protection and promotion of innovation on our continent”, said Cecilia Wikström (ALDE, SE), who is steering the legislation through Parliament.

While preserving the dual system of national and EU trade mark, the updated trade mark legislation will further harmonise national and European trade mark application procedures and the rights guaranteed by a trade mark. The new rules will also help to fight against counterfeit goods in transit through the EU’s territory.

Read the full press release on the deal here (21.04.2015).

Next steps
The provisional deal now needs to be formally approved by the Council and finally by the Parliament as a whole.

Cecilia Wikström cia.wikstrom@gmail.com

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