China Worries Improve Prospects Of Trade Secrets Bill

By Ryan Davis (July 2, 2013, 8:28 PM EDT) -- A new bill in Congress to allow companies to file civil suits in federal court when their trade secrets are stolen would provide important new protections for trade secrets and is likely to garner wide support amid growing concern about Chinese economic espionage, attorneys say.

The Private Right of Action Against Theft of Trade Secrets Act, H.R.2466, introduced by Rep. Zoe Lofgren, D-Calif., on June 20, would add a civil remedy to the Economic Espionage Act, which now only permits federal prosecutors to file criminal trade secrets cases.

The government can't realistically bring charges in every trade secrets case, so a...

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