trade secret


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trade secret

 
1. Lit. a secret way of making or selling a product; a business secret. The exact formula of the soft drink is a trade secret.
2. Fig. any secret method. (Jocular.) A: How do you manage to sell so many of these each month? B: It's a trade secret.
See also: secret, trade
References in periodicals archive ?
Kicking the ball into your court, if the trade secret holder demonstrates the execution of the confidentiality agreement "would not provide sufficient protection against the potential harm from the unauthorized disclosure of a trade secret, the Assistant Secretary may issue such orders or impose such additional limitations or conditions upon the disclosure of the requested chemical information as may be appropriate to assure that the occupational health services are provided without an undue risk of harm to the" trade secret holder.
If you get a citation from OSHA for not releasing your trade secret information, you may contest it "before the Occupational Safety and Health Review Commission in accordance with the Act's enforcement scheme and the applicable Commission rules of procedure.
Where and how you store your trade secrets can determine how vulnerable they are to theft.
If you are storing trade secrets electronically, then it is important to hire a cyber-security service to encrypt and safeguard the data.
8226; Trade Secret Dispute Resolution (Negotiation, Arbitration, and Mediation)
Litigation of alleged theft of trade secrets often involves significant dis-trust, argument, and anger between parties and their counsel.
27) One major hurdle is that, unlike trademarks and patents, trade secrets are not subject to a registration system in China so there is no documentary evidence, such as a registration certificate officially issued by the PRC authorities, of the ownership of the trade secret by the plaintiff.
Third, the protection of trade secrets can provide advantages to an MNC that are not available in the case of trademarks, patents, and copyrights, but the MNC must exploit these advantages or lose an important opportunity to protect its trade secrets, made all the more significant by the difficulties of enforcement once the trade secret is stolen.
The Council today agreed on a general approach1 for establishing a new legal framework for the protection of trade secrets (9870/14).
Today, we have decided on a single, clear and coherent legal regime protecting against misappropriation of trade secrets in EU Member States.
Under the UTSA, a trade secret must be the subject of efforts that are reasonable under the circumstances to maintain its secrecy.
Thirty-four years ago last month, the National Conference of Commissioners on Uniform State Laws approved the Uniform Trade Secrets Act (UTSA) and recommended it for enactment in all states.
009 displace conflicting tort, restitutory, and other law of this state providing civil remedies for misappropriation of a trade secret.
22) By contrast, because trade secret protection is primarily a creation of state law, a state freedom of information act (public records law, etc.