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The U.K. government should demand that a new European Union patent court be located in London, U.K. lawmakers said in a report.
Locating the Unified Patent Court in London would “mitigate the most damaging effects of a unitary EU-wide patent,” the U.K. Parliament’s European Scrutiny Committee said said in a report published today. EU governments may decide on the site of the headquarters of a proposed region-wide patent court by the end of next month, an EU official said in February.
Attempts to reach an agreement on an EU patent system since 2000 have faltered over language issues and a dispute over the location of a new court. An EU-wide patent may reduce the cost of protecting intellectual property in the region. Companies can pay 18,000 euros ($23,700) for a patent valid in only 13 countries, including 10,000 euros for translation, according to the European Commission.
Last year, 25 EU nations agreed to move forward with a common patent system. Italy and Spain opted out of the plans because they objected to the language proposals.
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