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Trade secrets or confidential commercial information are a type of intellectual property (IP) that includes formulas, practices, processes, designs, instruments, patterns, or compilations of information that have inherent economic value because they are not generally known or readily ascertainable by others, and which their owner takes reasonable measures to keep secret. [1]
The Uniform Trade Secrets Act (UTSA), published by the Uniform Law Commission (ULC) in 1979 and amended in 1985, is a Uniform Act promulgated for adoption by states in the United States. One goal of the UTSA is to make the state laws governing trade secrets uniform, which is especially important for companies that operate in more than one state ...
By law, trade secrets which, according to the bill, have been created, inter alia, by an independent discovery or creation, [10] are subject to uniform minimum protection throughout the European Union. Those who can invoke the law are provided with effective tools to defend themselves against unauthorized acquisition, use or disclosure of trade ...
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. [1][2] There are many types of intellectual property, and some countries recognize more than others. [3][4][5] The best-known types are patents, copyrights, trademarks, and trade secrets. The modern concept of intellectual property ...
The Economic Espionage Act of 1996 (Pub. L. Tooltip Public Law (United States) 104–294 (text), 110 Stat. 3488, enacted October 11, 1996) was a 6 title Act of Congress dealing with a wide range of issues, including not only industrial espionage (e.g., the theft or misappropriation of a trade secret and the National Information Infrastructure Protection Act), but the insanity defense, matters ...
To protect their secrets, companies have built For the companies below, the secret to a superior product is worth millions -- or even billions. Shhh: 10 Make-or-Break Trade Secrets
TRIPS was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) in 1986–1994. Its inclusion was the culmination of a program of intense lobbying by the United States by the International Intellectual Property Alliance, supported by the European Union, Japan and other developed nations. [6]
Chinese espionage in the United States. The United States has often accused the People's Republic of China of attempting to unlawfully acquire U.S. military technology and classified information as well as trade secrets of U.S. companies [1][2] in order to support China's long-term military and commercial development. [3]