• Guidelines for Protecting Company Trade Secrets
  • June 3, 2013 | Authors: Robert F. Parr; Armand J. (A.J.) Zottola
  • Law Firm: Venable LLP - Washington Office
  • “Trade secrets” are generally defined as confidential proprietary information that provides a business with a competitive advantage or actual or potential economic benefit. Trade secrets are protected under the Economic Espionage Act of 1994 (EEA) at the federal level, and 48 states have enacted statutes largely patterned upon the Uniform Trade Secrets Act (UTSA) (collectively, “Statutes”).