The Hobbs Act, also known as the Hobbs Act of 1946, is a federal law that provides protection for property owners from robbery or extortion by individuals or enterprises operating in interstate commerce. It prohibits actual or attempted robbery or extortion that affects interstate commerce, including the transfer of goods, money, or other property from one state to another. The Act is named after its primary sponsor, Rep. Sam Hobbs of Alabama. Under the Hobbs Act, property includes anything of value, such as money, goods, services, and intangible property like copyrights, trademarks, and patents. It also includes intangible property like trade secrets, confidential business information, and labor rights. There are two types of Hobbs Act-Property: real property (such as land, buildings or other physical assets) and personal property (such as money, goods, services, and intangible property).
The Hobbs Act, also known as the Hobbs Act of 1946, is a federal law that provides protection for property owners from robbery or extortion by individuals or enterprises operating in interstate commerce. It prohibits actual or attempted robbery or extortion that affects interstate commerce, including the transfer of goods, money, or other property from one state to another. The Act is named after its primary sponsor, Rep. Sam Hobbs of Alabama. Under the Hobbs Act, property includes anything of value, such as money, goods, services, and intangible property like copyrights, trademarks, and patents. It also includes intangible property like trade secrets, confidential business information, and labor rights. There are two types of Hobbs Act-Property: real property (such as land, buildings or other physical assets) and personal property (such as money, goods, services, and intangible property).
