“Intellectual property of small businesses must receive stronger protections against would-be copycats, said Sen. Chris Coons on Thursday.
Coons visited New Castle-based WhiteOptics, which makes high-performance lighting components. The company makes the raw materials for energy-efficient LED lighting.
Earlier this month, Coons, along with Sen. Orrin Hatch, R-Utah, introduced the Defend Trade Secrets Act. This would make it easier for companies to protect their trade secrets in federal court.
WhiteOptics has four federal patents, and company officials hope the bill would allow it to better protect those patents.
Taking action to protect a company’s trade secrets requires a lengthy process that companies sometimes find isn’t worth pursuing, Coons said. The bill would allow a company to go to court and get an injunction the next day, along with stopping the secrets from leaving the country, and a seizure order, he said.”
Contact Aaron Nathans at (302) 324-2786 or email@example.com.