BLAW 430 Lecture Notes - Lecture 5: Sherman Antitrust Act, Clayton Antitrust Act, Trade Secret
Document Summary
Identify that information that you believe is subject to trade secret protection. Sitting down and figuring out what you think is a trade secret essentially. Employees are the biggest source of loss of trade secrets. Use written policies that are clearly communicated to the employees. Share trade secrets on a need to know basis. Mark documents that truly are confidential confidential. Use caution where confidential material is discussed (don"t use your cell phone) Exit interviews with employees that emphasize their legal obligation to maintain confidentiality. The law recognizes express or implied agreements that, if the inventor reveals an idea, the other party will either maintain its confidentiality or include the inventor in developing the idea. The purpose of federal antitrust law is control private economic power by promoting and encouraging competition. The focus is to protect competition, not competitors. In the us supreme court interpreted the sherman act to allow only unreasonable restraints of trade.