Trade marks reform: Council adopts position at first reading
On 10 November 2015, the Council adopted its position at first reading on the reform of the European trade mark system.
The reform of the current system will improve the conditions for businesses to innovate and to benefit from more effective trade mark protection against counterfeits, including fake goods in transit through the EU's territory.
The new legal framework is also aimed at making trade mark registration systems throughout the European Union more accessible and efficient for businesses in terms of lower costs and complexity, increased speed, greater predictability and legal certainty.
The Dutch delegation abstained from voting and the UK delegation voted against the adoption of the draft regulation. The Commission issued a statement.
The European Parliament is expected to vote in second reading at a plenary session before the end of the year, thus approving the Council's position at first reading without amendments and ending the legislative process.
Afterwards, the legal texts will be published in the Official Journal of the EU.