California Trade Secrets Act

The California Trade Secrets Act protects confidential business information that gives a company a competitive edge, such as formulas, practices, or processes. To qualify as a trade secret, the information must be kept secret and provide economic value because it's not generally known. If someone unlawfully acquires or discloses this information, the owner can take legal action to stop them and seek damages. The Act helps businesses safeguard their innovations and sensitive data from theft or misuse, promoting fair competition.