European Trade Mark reform package meets final approval
Yesterday the European Parliament approved a set of reforms to European Trade Mark legislation.
The goal of the reforms is to allow better protection for rights holders through a strengthening of both the national and European trade mark systems. This includes more efficient and cheaper trade mark registration, better means to fight against counterfeit goods in transit through EU territory and improvements to the structure and governance of the EU office responsible for trade marks (OHIM), which will be called “European Union Intellectual Property Office” (EUIPO).
The legislation (Directive on the laws of Member States relating to trademarks and the Regulation on the EU trade mark) will enter into force 20 and 90 days, respectively, after publication in the EU Official Journal. The reforms should therefore be completed by mid-2016.