Sorry, folks, no cheeky title here – this is serious business.  Theft of trade secrets is a significant threat to businesses, and the country’s economic growth – by some estimates, trade secret theft and economic espionage cost the U.S. economy tens, and perhaps even hundreds, of billions of dollars each year (see https://www.fbi.gov/news/testimony/combating-economic-espionage-and-trade-secret-theft). On the federal level, the primary weapon against such theft has been the Economic Espionage Act.  The Economic Espionage Act had a significant shortcoming, however – it only allowed for criminal and civil action to be taken by the federal government.  The actual victims of trade secret […]

Date posted: June 29, 2016 | Author: | No Comments »

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