Defend Trade Secrets Act

The Defend Trade Secrets Act (DTSA) is a U.S. law that protects confidential business information, called trade secrets, from theft and misappropriation. It allows businesses to file lawsuits in federal court if their trade secrets are stolen or improperly disclosed. This law aims to encourage innovation by ensuring that companies can safeguard valuable information, such as formulas, processes, or customer lists. The DTSA provides for legal remedies, including monetary damages and injunctions to prevent further misuse, helping to maintain fair competition and protect intellectual property in the marketplace.