New European Legislative Reform on CTM
On 15th December 2015, the European Parliament approved the European Law Reform on Community Trademarks.
As major developments, and as we advance a few days ago, the Office shall amend its name and renamed as EUIPO (European Union Intellectual Property Office) and the Community Trademark be identified by the acronym EUTM (EU Trade Mark).
We also highlight that it has been established a system of "a fee for each class of product and / or service", allowing trademark owners to apply for protection under their real business needs and with a cost according to them.
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