Cheaper trade marks for innovators

Trade mark protection in Europe looks set to become cheaper, giving entrepreneurs and small firms a much-needed savings boost. The EU's Internal Market Commissioner announced that application and registration fees for community trade marks would fall before the end of 2008 and fee structures would be simplified. Registering a community trade mark with the Office of Harmonization for the Internal Market (OHIM) will cost around €1,000, a reduction of around 40%, from €1,600.

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