The European Commission has retracted its controversial proposal aimed at regulating standard essential patents (SEPs) following widespread criticism. The plan would have shifted licensing power to the EU Intellectual Property Office (EUIPO), raising concerns about the agency's qualifications in handling complex patent laws. Critics, including legal experts and industry leaders, argued that the proposal could negatively impact the telecommunications market and diminish the reliability of fair licensing practices. This decision underscores the importance of industry expertise in shaping patent regulation, particularly in technology-driven sectors.
Many felt the EUIPO, which is the EU's main agency for registering trademarks, lacks the patent law expertise required to determine whether a claimed technology is essential to a standard.
IP stakeholders quickly expressed concerns about the proposal, with Professor of Law at George Mason University's Antonin Scalia Law School Adam Mossoff warning it 'will destabilize the global telecommunications market'.
Collection
[
|
...
]