Uniform Trade Secrets Act (UTSA)

The Uniform Trade Secrets Act (UTSA) is a set of laws designed to protect confidential business information, known as trade secrets, from being disclosed or misused by others. Trade secrets can include formulas, processes, customer lists, and other valuable business insights that provide a competitive edge. The UTSA provides legal remedies for businesses whose trade secrets are stolen or improperly acquired, allowing them to seek damages or injunctions to prevent further misuse. By standardizing trade secret protection across states, the UTSA helps businesses maintain their confidential information and fosters innovation and competition.