
Uniform Trade Secrets Act
The Uniform Trade Secrets Act (UTSA) is a law that provides legal protection for confidential business information, known as trade secrets. These secrets can include formulas, practices, processes, designs, or any information that gives a business a competitive edge. The UTSA helps businesses safeguard this information from theft or misappropriation by competitors or former employees. If someone unlawfully obtains or discloses a trade secret, the affected business can seek legal remedies, such as damages or injunctions, to protect its interests. This law promotes fair competition while encouraging innovation and creativity in business.