Stealing trade secrets will U.S. crack down?

Presumably, the Department of Justice is loading both barrels of the Economic Espionage Act (EEA), enacted in 1996 to criminalize the theft of trade secrets, and firing indictments left and right. Right? Not exactly. Since March 2000, EEA activity has publicly surfaced in only a couple of dozen case...

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Bibliographic Details
Published in:Financial Executive 2003-07, Vol.19 (5), p.26
Main Author: Kaltenheuser, Skip
Format: Magazinearticle
Language:English
Subjects:
Business intelligence
Global economy
Indictments
Industrial espionage
Law enforcement
Laws, regulations and rules
Public prosecutors
Security management
Trade secrets
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Summary:Presumably, the Department of Justice is loading both barrels of the Economic Espionage Act (EEA), enacted in 1996 to criminalize the theft of trade secrets, and firing indictments left and right. Right? Not exactly. Since March 2000, EEA activity has publicly surfaced in only a couple of dozen cases. Most accused perpetrators are either company insiders or ex-employees. Peter J. Toren of Sidley, Austin, Brown & Wood contends that illegal activity will be deterred only if the government pursues enough cases to create the impression foreign companies will be prosecuted if they steal trade secrets.
ISSN:0895-4186