Europe agrees single patent system, ends 30-year dispute

Newswire

By John O'Donnell and Ethan Bilby BRUSSELS, June 29 (Reuters) - EU leaders agreed on Friday to introduce a single European patent, ending decades of dispute with a deal that will cut costs for inventors and industry. The scheme will end the fragmented system where it typically costs an inventor up to 35,000 euros ($43,500) to protect an idea throughout the European Union, and is an important part of a growth drive for Europe's stagnating economy. "After 30 years of discussion on the ...

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