Newsweek: Why Is Europe Helping China Decimate U.S. Tech Leadership? by Gordon G. Chang
The European Union is planning to establish a court to determine licensing fees on perhaps the West’s most important commercial technology. The proposed plan, leaked to Reuters in late March, has one big beneficiary: China.
The EU proposal would give the European Intellectual Office (EUIPO) the power to set royalties for standard-essential patents or SEPs, arguably America’s most valuable intellectual property rights. These patents have historically safeguarded American economic leadership, especially in 5G communications. And now, the EU proposes to take control of them.