Brand owners give guarded welcome to CTM initiative
25 September 2008
James Nurton, London
Brand owners have given a cautious welcome to the deal struck last week by EU member states on changes to Community trade mark (CTM) fees
The deal would see the cost of applying for a CTM come down from €1750 to about €1000, with the fee level reviewed every two years. But it would also see national offices in EU member states receive 50% of CTM renewal fees.
The agreement was struck by representatives of EU member states and OHIM at a meeting in Brussels last week. If adopted by the Commission, the compromise proposal will have to be formally voted on by member states.
The cuts to the fees require a change to the CTM fees regulation,...
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