Western Europe and Greece

February 2005
Credit Control;2005, Vol. 26 Issue 2, p30
Trade Publication
The article focuses on issues related to patents in Western Europe and Greece. From an economic point of view, patents are like double-edged sword. On the one hand, they create artificial monopolies, albeit only for the lifetime of the patent, by prohibiting companies from emulating a product that a competitor has invented. Europe-wide harmonization of patent applications and enforcement could replace the fragmentation within patent laws with greater legal clarity and certainty.


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