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Intellectual property is a fundamental tool to drive innovation, growth, competitiveness and job creation in Europe.
BusinessEurope Director General Markus J. Beyrer said: “Innovators, creators and businesses must be able to rely on a solid intellectual property system in the EU. European companies need an effective enforcement of IP rights and our discussions on industrial policy in Europe must include IP rights as they today include innovation and competitiveness. EU businesses are facing intense competition from third countries and need a level playing field, namely the same IP standards worldwide. The EU should maintain a high-quality and coherent IP strategy when discussing any bilateral trade agreements, as well as possible revisions of WTO rules. The acceleration of technological progress and the digital revolution open up new opportunities, but also create new challenges in the IP environment. The EU must ensure a good balance between IP protection and legal certainty to encourage new technologies.”
Full press release on BusinessEurope