The European Union has adopted a proposal for a directive which will reform trade secrets laws across member nations. The EU’s goal appears to be to increase European businesses’ ability to protect trade secrets and proprietary business information, and to harmonize this area of the law for member nations. The Uniform Trade Secrets Act has had a similar such effect in the United States.
The following New York Times article discusses this interesting development: http://www.nytimes.com/2013/11/15/business/international/europe-moves-to-keep-its-corporate-trade-data-secret.html?smid=pl-share
Neal Weinrich knows noncompetes and trade secrets inside and out. A shareholder at Berman Fink Van Horn, Neal counsels clients in all industries on matters involving restrictive covenants, trade secrets and other competition-related issues.
