The EU Commission adopts revised competition regime for technology transfer agreements

European Commission adopts revised Competition Regime for Technology Transfer Agreements* The European Commission (Commission) adopted in March 2014 new competition rules for assessing technology transfer agreements, through which a licensor permits a licensee to exploit patents, know- how or software for the production of goods and services. The revised rules entered into force on 1 May and update the previous regime. The rules aim to strengthen the incentives for research and innovation, facilitate diffusion of intellectual property and stimulate competition. Licensing is vital for economic development and consumer welfare, as it helps to disseminate

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European Competition Network Brief, The EU Commission adopts revised competition regime for technology transfer agreements, 21 March 2014, e-Competitions Bulletin March 2014, Art. N° 67016

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