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Public consultation on the protection of business and research know-how

11 March 2013

A summary of the IP Federation response to the European Commission trade secrets consultation on the protection of business and research know-how is now available. We believe that trade secrets / confidential business information are of high importance in all the following areas:

  • Research and development.
  • Exploitation of innovation, i.e. turning an invention into a marketable product.
  • Innovative and competitive performance of SMEs.
  • Innovative and competitive performance of large companies which operate internationally.
  • Growth and jobs in the EU economy in general.

However, we are generally opposed to the intro­duc­tion of criminal penalties for the misuse or disclosure of con­fiden­tial inform­a­tion. Nor do we believe that it follows that SMEs will necessarily benefit from, for example, the introduction of criminal sanctions for the misuse of confidential information.

Codification of the law could help to raise public awareness and aid clarity. Subject to the points made in the paper, the IP Federation is in favour of setting a minimum standard of protection in Europe.

For full details, click HERE.

To see all our policy papers, click HERE.



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