protection of trade secrets

Protection of trade secrets refers to legal measures that safeguard confidential business information that gives a company a competitive edge. This can include formulas, practices, processes, or customer lists that are not publicly known. To maintain this protection, companies must take reasonable steps to keep the information secret, like limiting access and using confidentiality agreements. If a trade secret is improperly disclosed or obtained, the company can pursue legal action against the violator. The goal is to prevent competitors from unfairly benefiting from proprietary knowledge that could harm the original owner's business.