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Articles

Play nice, or else: Congress considers Federal Trade Secret Law covering foreign entities and actions

February 6, 2014

Articles

Play nice, or else: Congress considers Federal Trade Secret Law covering foreign entities and actions

February 6, 2014

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While the national press rages about Congress’s efforts to deal with the damage caused by Edward Joseph Snowden’s release of the NSA’s secrets, it is Congressional actions regarding commercial trade secrets that are catching our attention.  One interesting bill making its way through the Senate is the Future of American Innovation and Research Act of 2013 (the “FAIR Act”). The FAIR Act provides a federal claim for trade secret misappropriation where the person misappropriating the trade secret is either (a) acting on behalf, or for the benefit, of a foreign entity, or (b) taking actions relating to the misappropriation while located outside the United States.

Read this blog post in full and learn more about the FAIR Act.

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