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worldipreview.com
NPEs: hiding ownership and gaming the system
The lack of transparency around NPEs marks a serious problem for the European patent system, argues Patrick Oliver of IP2Innovate.
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IP2Innovate
IP2I calls on European Commission to protect Europe’s patent system from abuse
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
Prof. Rafal Sikorski: Towards a More Orderly Application of Proportionality to Patent Injunctions in the European Union
In the paper by Professor Sikorski, titled: Towards a more orderly application of proportionality to patent injunctions in the EU, he proposes changes needed to safeguard Europe’s patent system from abuse by opportunistic PAEs.
IP2Innovate
Congratulatory Letter to Executive Vice-President -designate Séjourné
Dear Executive Vice-President -designate,
On behalf of IP2Innovate, I write to congratulate you on your nomination as the European Commission Executive Vice-President-designate for Prosperity and Industrial Strategy. You are taking on this role at a pivotal moment as Europe seeks to embrace a new era of competitiveness, productivity, and innovation.