The UK and Canada have launched a two-year pilot scheme designed to speed up the process of patent applications. Read Full Story
The European Commission has prohibited, on the basis of the European Union Merger Regulation, the proposed merger between Deutsche Börse and NYSE Euronext, as it would have resulted in a quasi-monopoly in the area of European financial derivatives traded globally on exchanges. Read Full Story
Following mounting pressure from the US attorneys office, Switzerland has finally handed over to US investigators comprehensive, encrypted, banking data pertaining to eleven Swiss banks, alleged to have aided wealthy Americans to evade US taxes amounting to billions of euros. Read Full Story
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