Acquiring and protecting knowledge are now essential factors in the success of any organization. Knowledge of technology, products and processes helps to determine how innovative a company is and the extent of its competitive edge. The German Trade Secrets Act is in force for two years now and offers protection to companies. However, this protection only exists according to the "all-or-nothing rule", because the law only applies if the owner of the secret takes so-called "appropriate secrecy measures". But what is appropriate? What exactly is it that a company has to do and who is responsible for it? The past two years and some case law have shown that the requirements for companies are high.
Our expert Dr. Ulrich Becker, lawyer and partner at the law firm CMS will bring you up to date and give you tips on how trade secrets can be protected.