What is a Trade Secret?

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Trade Secret Defintion Intellectual Property Intellectual Property

What is a Trade Secret?

In addition to patents, trademarks and copyrights, intellectual property may be protected by Trade Secret Law.

Trade Secrets can cover such things as ideas and know-how. A trade secret or know-how is a set of data or information that is generally not known in the industry which provides the user with an advantage over competitors. The formula for Coca-Cola is protected by Trade Secret Law, for example.

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