President Obama is expected to sign a measure that recognizes the growing competitive value of confidential information.
Two weeks ago, Congress passed the Defend Trade Secrets Act (DTSA), all but guaranteeing its passage into law. The legislation allows businesses—for the first time—to file claims under federal law against those who misappropriate their confidential information. Here’s what that means for the future of business, and a few steps companies can take right away to prepare.