Are trade secrets protected in all countries?
No, trade secrets are not protected in all countries. Trade Secret Law is a body of law that governs how trade secrets are protected and enforced. In Washington, the Uniform Trade Secrets Act of 2019 applies. This law provides for the protection of trade secrets, which are defined as “information, including a formula, pattern, compilation, program, device, method, technique, or process, that: (1) derives independent economic value, actual or potential, from not being generally known to the public or to other persons who can obtain economic value from its disclosure or use; and (2) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.” However, other countries may have different laws and regulations governing the protection of trade secrets. Depending on a country’s domestic laws, trade secrets may not be protected at all or may be protected to a different extent than in Washington. Additionally, international bodies such as the WTO, the EU, and the UN each have different regulations surrounding the protection of trade secrets. As such, it is important to research the laws and regulations of any country before relying on the protection of trade secrets.
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