Industrial espionage and theft of trade secrets caused €60 billion loss of economic growth, innovation and put 289,000 jobs at risk in 2018. (Source: European Commission)
Trade secrets are a valuable piece of information for a company that is treated as confidential and gives to that company a competitive advantage, e.g. formulation of a substance, marketing study, list of clients, inventions prior to patenting.
|Joint BusinessEurope, NAM and TABC letter on Trade Secrets in the TTIP||23/10/2013|
|Protection of companies' trade secrets - Letter from Philippe de Buck to Trade Commissioner Karel De Gucht||20/02/2012|