Brussels, 24 January, 2024 —  ‘The Legal Affairs Committee of the European Parliament has taken a significant step forward today by advancing the SEP Regulation, a development that bodes well for SMEs. This Regulation is a measured yet vital step towards enhancing fairness and transparency in the licensing of standard technologies. By nurturing innovation, the SEP Regulation paves the way for today’s startups and SMEs to flourish and evolve into tomorrow’s industry leaders. We eagerly anticipate the continued advancement of this Regulation through the European legislative process’.