Index
Economic Espionage Act (EEA)
Summary
Federal legislation that makes the theft or misappropriation of trade secrets a federal crime, especially when it benefits a foreign government.
Rights & Rules
- 01.Companies have federal protection against the theft of proprietary business information.
- 02.The government can prosecute individuals or entities that steal trade secrets for commercial or foreign benefit.
Penalties
- 01.Fines up to $5,000,000 or three times the value of the stolen trade secret for organizations.
- 02.Imprisonment for up to 15 years for individuals involved in foreign espionage.
- 03.Forfeiture of any property derived from the proceeds of the crime.
Verified Citations
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