Law Commission Report on 'Trade Secrets and Economic Espionage'

Recently, the 22^nd Law Commission, headed by Justice Ritu Raj Awasthi, released its 289^th report on 'Trade Secrets and Economic Espionage'.

Major Highlights

• Trade secrets are a relatively new entrant in the realm of Intellectual property right (IPR). This does not mean trade secrets did not exist prior to traditional forms of IPRs such as patent and copyright, but that trade secrets have been brought under the larger ambit of IPRs recently by their inclusion as protected subject matter under the TRIPS Agreement, which came into force in 1995.
• The problem with protecting trade secrets does not arise out of their ....