Senate Bill Would Sanction People, Companies That Steal US Intellectual Property
Sens. Chris Van Hollen, D-Md., and Ben Sasse, R-Neb., introduced legislation to sanction people or companies that “enable the significant and serial theft” of U.S. intellectual property. The bill would authorize blocking measures and asset freezes and allow the president…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
to include an entity on the Commerce Department’s Denied Persons List. “This bipartisan legislation will help end foreign theft of innovative technologies invented in the United States and will send a strong signal to bad actors across the globe,” Van Hollen said in a June 11 statement. The U.S. should “stop leaving an open door for China and other adversaries to steal intellectual property and undercut our strength,” Sasse said.