Legislation Aimed at China Seeks to Expedite Probes of Trade-Secret Thefts



Katy Stech Ferek | Wall Street Journal

Several senators introduced legislation Tuesday aiming to make it easier for businesses that believe they are victims of intellectual property theft to halt imports made with their trade secrets while their allegations are being investigated.

The bill by Sen. John Cornyn (R., Texas) and Sen. Christopher Coons (D., Del.) would amend the Tariff Act of 1930 to create a new committee at the U.S. International Trade Commission, a federal agency that already investigates violations of U.S. intellectual property rights, such as patents and trademarks.

The committee, led by the U.S. attorney general, would look into an allegation of trade theft waged by a competitor that has the backing of a foreign government. The allegation could be made by the owner of intellectual property who submits statements under oath or by the attorney general’s office itself.

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