Introduction to Trade Secrets

placeholderA Trade Secret is a confidential formula, design, process, or compilation of information specific to the operation of a business which establishes an economic advantage over competitors. Trade secrets are protected by the Uniform Trade Secrets Act. The U.T.S.A brings a consistent definition for protected Trade Secrets to interstate commerce in the United States. Trade secrets can be an alternative to patenting an invention. Unlike patents or trademarks, trade secrets are protected only when the secret is not disclosed. Your attorney can advise you on how to best legally protect your company's Trade Secrets.

Trade Secrets are generally:

  • Not information known to the public
  • the value of the information provides a specific economic benefit to the company
  • Protected information or processes established as proprietary to the company

Contact the Law Office of Robin C May at 859-699-2476 to schedule a complimentary consultation to protect your original, creative work.

This article is part of a series about Intellectual Property Law:

  • Introduction to IP Law
  • Copyright Law
  • Patent Law
  • Trademark Law
  • Unfair Competition