The U.S. Senate Judiciary Committee has scheduled a hearing for Dec. 2 on a subject that is important to our national economy and security: protecting trade secrets. The hearing will highlight bipartisan legislation, the Defend Trade Secrets Act (DTSA), that, if enacted, will modernize and strengthen trade secret law and address a number of weaknesses under current law. The legislation has been introduced by Sens. Orrin Hatch, R-Utah, and Chris Coons, D-Del., and Reps. Doug Collins, R-Ga., and Jerrold Nadler, D-N.Y.
The bipartisan support isn’t surprising, even in the current Congress. After all, who is against protecting trade secrets? Trade secrets provide tremendous benefits to the national and local economies. They support jobs, innovation and new products and services. Trade secrets, which can take many forms such as source code, formulas, secret recipes and prototypes, have many owners, from small businesses, startups, medium and large companies and individuals and groups who have yet to form a company.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
