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$919 million trade secret judgment for DuPont

by on September 15, 2011

So a DuPont employee leaves, and DuPont sues Kolon, a company working with the ex-employee, for “trade secret theft” of information regarding its Kevlar product. DuPont wins almost a billion dollar judgment. (Hey, I can round up, right?)

Kolon is now exploring using anti-trust law against DuPont.

What a great example of the “free market” in action: A uses state IP law against B; B uses state antitrust law against A.

Methinks the only winners are the state, and lawyers. And maybe A and B, who don’t now have to compete with little guys C, D, E who are afraid to get into this hornet’s nest…

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The Center for the Study of Innovative Freedom (C4SIF) is dedicated to building public awareness of the manner in which so-called “intellectual property” (IP) laws and policies impede innovation, creativity, communication, learning, knowledge, emulation, and information sharing. We are for property rights, free markets, competition, commerce, cooperation, and the voluntary sharing of knowledge, and oppose IP laws, which systematically impede or hamper innovation. IP law should be completely and immediately abolished.

We provide news commentary and analysis and scholarly resources from our unique pro-property, pro-market, pro-innovation perspective.

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To the extent possible under law, Stephan Kinsella has waived all copyright and related or neighboring rights to C4SIF. This work is published from: United States. In the event the CC0 license is unenforceable a  Creative Commons License Creative Commons Attribution 3.0 License is hereby granted.