Handle with care – the Commission’s agenda on trade secrets protection

The Commission’s proposal for a “DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure” (the “Directive”) is meant to bring the protection of trade secrets to a new level. An article looking at key elements of the Directive and putting them in context with the current situation familiar to the German reader first appeared in the June 2015 edition of Business Law Magazine. It argues that the Directive promises to facilitate cross-border know-how transfer within the EU, and foster innovation and competition. Additionally, measures to preserve the confidentiality of trade secrets in the course of legal proceedings will allow trade secret holders to enforce trade secrets more effectively. Read the article here.