The globalised economy presents companies with broad opportunities for growth and research development partnerships. These opportunities may require the sharing of company confidential information; critical in maintaining a company’s competitive advantage is protecting from uncontrolled disclosure of that information. A protection plan should consider the legal framework that would be applied if a dispute arose regarding use or dissemination of the confidential information. This article provides a brief overview of the legal framework for the US and the UK, and common suggestions for improving protection.
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