IP2Innovate

The Portuguese Presidency of the EU is hosting a high-level conference tomorrow focused on intellectual property in the digital world, and the importance of an innovation-oriented ecosystem to improve the quality of life for citizens and companies, and drive economic recovery.

IP2Innovate

A new academic study by economists at the universities of Bordeaux, Grenoble, and Universitat Pompeu Fabra (Barcelona) highlights how patent assertion entities (PAEs) are continuing to take advantage of weaknesses in Europe’s patent system. The study, entitled Patent Privateering, looks at one specific method of patent abuse. Patent privateering is a term to describe a situation where a patent owner hands patents to a patent assertion entity (PAE) to exploit for mutual benefit, allowing the patent owner to maintain a secret stake in the patents. The study concluded that patent privateering is widespread in Europe. The practise has been around for many years but as other jurisdictions including the US have made it harder, Europe’s patent system is a ripe target for abuse. This is largely because patent courts in Europe do not apply the principle of proportionality, and instead hand out injunctions to patent owners almost automatically.

IP2Innovate

Professor Ansgar Ohly is one of Germany’s most respected law professors and an authority on intellectual property law across Europe. He is the Chair for Civil Law, Intellectual Property and Competition Law at the University of Munich. He is also a visiting professor at Oxford University.