|Mr Night Owl's expression doesn't change if he is|
happy or sad. For those unfamiliar, the AmeriKat can confirm
that this is his "excited face" in response
to the House's passage of the Defend Trade Secrets Act.
"I’m pleased the House has followed the Senate’s lead and passed the Hatch-Coons Defend Trade Secrets Act. Enacting this bill into law will help address the critical problem of trade secret theft, which stifles innovation and costs American companies billions of dollars annually. I hope our success in acting to protect trade secrets will serve as a springboard for additional Congressional action to safeguard other forms of intellectual property."Senator Coons (Democrat-Delaware) continued:
"Today’s passage of the Defend Trade Secrets Act in the House means that this bill can soon become law and finally provide the critical federal legal protection for trade secrets that U.S. companies deserve in Delaware and across the country. I’m thrilled that Democrats and Republicans came together in the Senate and now the House to pass this bill, demonstrating the truly bipartisan nature of this legislation and its broad coalition of support from American businesses. I look forward to seeing President sign this bill into law soon."
Both pieces of legislation were not without their critics. Some declared that the DTSA's ex parte seizure orders were akin to 1990s style Anton Piller orders in the UK (they are not, as explained here). In Europe, media reporting timed during the Panama Papers fallout exclaimed that the EU Trade Secrets Directive would chill whistleblower protections (although the Directive provides for safeguards and public policy exceptions for such disclosures are present in many Member States's trade secrets and confidential information laws).
Watch Senator Hatch's comments on the DTSA head of the House Passage here.