Why India Needs an Economic Espionage Act
According to the Law Commission of India's 2024 report, titled "Trade Secrets and Economic Espionage," India requires a new legislation in the form of an Economic Espionage Act.
The report emphasizes that the theft of sensitive trade secrets poses significant risks to a nation's economic security, threatening not only business interests but also the country as a whole.
economic espionage refers to an "act of deliberate acquisition of confidential information from domestic companies and government entities to benefit a foreign State"
The Law Commission's report calls for a separate, stricter legal framework to address economic espionage, in addition to a Trade Secrets Bill.
Author's summary: India needs an Economic Espionage Act to protect trade secrets.
More News
- Alexandra Daddario’s Unfiltered Birthday Photo With Her Son Shows the Surprising Hair Color He’s Getting
- THG shares upgraded amid FTSE 250 return
- Leopards may have feasted on our earliest ancestors
- David Lynch's Estate Up for Auction, Includes Rare Instruments and Gear
- Power restored to thousands of Hydro One customers in Norfolk County
- These California Truffle Fries Are So Addictive, You'll Want Them Every Season
- Gabriel Diallo Earns First Main Draw Win at Roland Garros
- Shawn Mendes electrifies Toronto crowd with homecoming show: 'I really love this country!'
- Second explosion strikes Barendrecht home in less than a week
- State rests its case against Donna Adelson without calling son Charlie, defense to call witnesses Tuesday