Here is everything you should know about trade secret law and some general questions answered about it.


Trade secrets are intellectual property (IP),Some Very Common FAQs on trade Secrets law Answered Articles consisting of any formula, pattern and ideas, or devices, a compilation of information. Unlike any form of IP like copyright and patent, even trademark for that matter, all of it requires registration.


Only then will it come into effect and will get protected at all costs. But, trade secrets laws are more of ‘DO-IT-YOURSELF.’ The trade secrets law speaks about:


  • It offers the owner of the information a competitive advantage in the market.
  • It is protected and treated in a way that prevents the public or the competitor from knowing, learning about it, or through theft.


Under the Uniform Trade Secrets Act (“UTSA”), the information derived from independent economic value is unknown, but the efforts are to maintain secrecy.