California Uniform Trade Secrets Act

The California Uniform Trade Secrets Act is a law that protects confidential business information valuable to a company, such as formulas, processes, or customer lists. It prevents others from stealing or using this information without permission. To be protected, the information must be secret, provide a competitive advantage, and have been kept confidential through reasonable efforts. If someone misappropriates a trade secret, the owner can seek legal remedies, including damages and injunctions. Essentially, it safeguards intellectual property crucial for a business's success and innovation.