This article was written by Michael Summersgill and Arthur Coviello and was published by Bloomberg Law on February 22, 2019. It is the final article in a series of five articles written by WilmerHale lawyers discussing how the emergence of IoT technologies will impact the automotive industry.
Excerpt: Trade secret litigation is quickly becoming a key new battleground in the automotive industry. This new trend is consistent with an overall surge of trade secret litigation in US federal courts. Since the passage of the Defend Trade Secrets Act in 2016, trade secret litigation has increased by 30 percent. Moreover, in the last 30 years, trade secret litigation in US federal courts has grown exponentially, doubling nearly every ten years. These trends are particularly important for the automotive industry, which is experiencing rapid technological advancements that create the potential for increased trade secret disputes. Read the full article.
