Trade Secrets Law

Trade Secrets Law is a part of Intellectual Property Law that protects confidential business information that gives a company a competitive edge. This can include formulas, practices, designs, or any proprietary knowledge not generally known to the public. To qualify as a trade secret, the information must be kept secret and have economic value. Companies protect their trade secrets through non-disclosure agreements and security measures. If someone illegally obtains or discloses this information, the company can seek legal recourse to prevent further harm or to recover damages.