The Economic Espionage Act Of 1996 (EEA) is an act that makes theft or misappropriation of trade secrets, especially through acts of industrial espionage, a federal crime.
The Economic Espionage Act of 1996 punishes intentional trade secret misappropriation. A person is guilty under the EEA if he:
The EEA is particularly severe with people or corporations who steal trade secrets in order to benefit foreign countries or foreign agents.
The Economic Espionage Act gives the U.S. Attorney General the right to prosecute any person or company that steals trade secrets. The penalties under the EEA are very serious.
The Economic Espionage Act does lend itself to several defenses. Some of the most common ways you could defend yourself are:
If you have questions about the Economic Espionage Act of 1996, you may want to consult a lawyer experienced in trade secrets. An experienced trade secret lawyer will be able to explain your rights under the EEA to you and will defend you accordingly.
Last Modified: 09-03-2015 09:39 AM PDTLaw Library Disclaimer
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