United States Announces Multifaceted Plan To Combat Trade Secret Theft At Home And Abroad

On Wednesday February 20, 2013, the White House released a five-point plan (“the Plan”) intended to combat trade secret theft of American trade secrets. 

The plan is a collaboration between various federal agencies, including the Departments of Commerce, Defense, Homeland Security, Justice, State, Treasury, the Office of the Director of National Intelligence and the Office of the United States Trade Representative.  As a part of the Plan, the Obama administration has pledged to increase diplomatic pressure, consider the possibility of additional legislation, and look to prosecute additional criminal cases in order to combat the theft of trade secrets. 

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