EU, Arczar, BIO-Key, Chrysler, TekSavvy: Intellectual Property

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The European Union’s first region-wide patent system could be in place by early 2014 after EU lawmakers broke a decades-long deadlock on plans to make the protection of inventions in Europe cheaper and easier.

The European Parliament in Strasbourg, France, voted yesterday in favor of three proposals that will create a patent valid across 25 of the EU’s 27 nations, the language system to go with it and a specialized patent court system.