7 July 1976 Trade Secret Law: Fair Use To Protect Proprietary Information/Unfair Use To Restrain Trade
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Abstract
In order to foster the free enterprise system of the United States, laws regarding trade secret rights are structured to encourage fair business competition and stimulate businesses to invest time, money and effort to improve their competitive positions in in the marketplace. These trade secret laws are intended to protect businesses against the misappropriation of valuable confidential information acquired as a result of such investments. If the trade secrets of a business are misappropriated, the misappropriator faces potentially serious consequences. A court may enjoin the misappropriator from further use or disclosure of the trade secrets, and order the misappropriator to pay the trade secret owner money damages as compensation for their past use and/or disclosure. Punitive money damages may also be awarded if the wrongful use and/or disclosure was willful.
© (1976) COPYRIGHT Society of Photo-Optical Instrumentation Engineers (SPIE). Downloading of the abstract is permitted for personal use only.
Thomas E. Schatzel, "Trade Secret Law: Fair Use To Protect Proprietary Information/Unfair Use To Restrain Trade", Proc. SPIE 0071, The Business Side of the Optical Industry I, (7 July 1976); doi: 10.1117/12.965381; https://doi.org/10.1117/12.965381
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