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Nobody spoke to the electorate during the referendum in simple layman's terms about the importance of IP to the UK economy and how much we benefit from the EU harmonisation over the years. At its simplest we have the EU trade mark which for about 1.5 times the price of a UK trade mark covers all 28 countries. Now, I guess, we'll have to pay up both to the UK and the EU to get the same protection. Another benefit of taking back control.

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