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Credit crunch prompts UKIPO to cut fees

Eileen McDermott, New York

The UK IP Office is to review its fees and services in response to a “decrease in demand for patent and trade mark applications in the UK”

The Office said patent and trade mark applications were down by 12% in 2008 in the UK, with other European offices noticing similar falls.

Last week, representatives of EU member states agreed to cut Community trade mark fees by 40%...

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