A trade secret is any sort of confidential information or secret product used by a business or business owner in order to secure a competitive advantage.

How Trade Secret Can be Protected in the US

What is a trade secret? Well, in layman’s terms, it is pretty much anything, that – A basic example is that of an email list. A business spends considerable marketing efforts in order to grow its email list. This is usually confidential information. Now, if the list is stolen by a competitor, the business can …

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