Obama Signs Bill To Deter Theft Of Trade Secrets

Previously, U.S. businesses could seek amends in state courts for trade secret thefts, but taking a civil case to a state court can prove more time consuming than going to a single federal judge, particularly when a defendant has crossed multiple state lines and multiple jurisdictions get involved. Obama used the Oval Office signing ceremony to renew his pitch to lawmakers that they pass a free-trade agreement with countries in the Asia-Pacific region, saying the trade deal would require participating countries to have to work with the U.S.

 

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