Senate Judiciary Committee to Hold Meeting About Passage of the DTSA

This morning in Washington, the Senate Judiciary Committee will hold a meeting to consider S. 1890, the Defend Trade Secrets Act of 2015 (“DTSA”).  The passage of the DTSA would provide a federal civil cause of action for the theft of trade secrets.  Trade secret law currently consists of a mix of federal protection through the Economic Espionage Act (“EEA”) and the various state versions of the Uniform Trade Secret Act (“UTSA”).  Instead of this patchwork-like scenario, the DTSA would create a uniform standard that individuals and companies could use to protect and fight against violations of their highly valuable trade secrets.  Trade secrets violations end up being costly not only to these entities, but also to end consumers.  Utilizing a protective measure like the DTSA to defend trade secrets could help curb job and revenue losses, resulting in a net benefit to the American economy.

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