Trade Secrets Directive

The Trade Secrets Directive is a piece of legislation from the European Union designed to protect confidential business information, known as trade secrets. This includes formulas, processes, or any data that gives a company a competitive edge. The directive ensures that businesses can safeguard their sensitive information from theft or unauthorized use, providing legal remedies if such information is misappropriated. By establishing common standards across EU member states, it helps promote innovation and competitiveness while balancing the interests of businesses and public transparency.