To amend title 35, United States Code, with respect to actions for patent infringement, and for other purposes.
Zero Tolerance for Electronics Theft Act or the ZTE Theft Act
This bill imposes certain requirements on Chinese telecommunications, software, and electronics companies that were denied export privileges on or after a certain date.
Such a company shall be eligible for export privileges only if it certifies to the Department of Justice that it will (1) abide by all U.S. laws, (2) not engage in cyber espionage, and (3) not infringe intellectual property. To obtain export privilege eligibility, the company shall also establish with the Department of the Treasury a $2.5 billion account to pay any patent infringement judgments against it.
An entity seeking a preliminary injunction against such a company in an infringement lawsuit shall not be required to establish that irreparable harm would result if the injunction is not granted.
Introduced in House
Introduced in House
Referred to the Committee on the Judiciary, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on the Judiciary, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.
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