New EU Trade Secrets Directive Formally Adopted

May 27, 2016

The new EU Trade Secrets Directive aims to harmonise the protection of trade secrets across all EU Member States. The reform seeks to give businesses greater confidence in sharing trade secrets across multiple Member States by ensuring a minimum level of protection. In turn, it is hoped, this will foster cross-border research collaboration, production cooperation, outsourcing and investment. Whilst the introduction of a minimum standard of trade secret protection is welcome, there is much scope for differing implementations and interpretations of the Directive across Member States, which could undermine the overall harmonisation.

Read "New EU Trade Secrets Directive Formally Adopted."