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New US Bill Will Punish Foreign Firms’ IP Theft
The US Senate has unanimously passed a new bipartisan bill designed to punish foreign firms that actively seek to steal American intellectual property (IP). Co-authored by senators Chris Van Hollen and Ben Sasse, the Protecting American Intellectual Property Act will allow the authorities to place sanctions on firms and individuals associated with such activity. It will require a report to Congress every six months identifying any individual or firm that has engaged in or benefitted…
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