New Trade Secrets Law Now in Effect



​Germany’s Trade Secrets Act, effective since April 26, allows company information to be legally protected trade secrets only if companies take appropriate steps to keep the information confidential.

Changed Definition

The law changes the definition of trade secrets. The Bundestag, the German federal parliament, has redefined the concept of secrecy and tightened the requirements for protecting secrets.
Previously, information was secret if the owner intended to keep it confidential. It did not matter whether the information owner had used precautions to protect the secrecy of the information, so long as the owner intended to keep the information secret.

According to the new definition outlined in the Trade Secrets Act, a trade secret is information…





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Credit to Eva von Muellern for the original post.

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