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TRADE SECRETS
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Nondisclosure Agreements

Nondisclosure agreements are one of the best ways to protect trade secrets -- valuable confidential information that businesses want to keep under wraps. That information could be a sales plan, a list of customers, a manufacturing process or a formula for a soft drink. By using a nondisclosure agreement, you can ensure that your secrets stay secret -- or have legal recourse if they are misused or disclosed to the wrong parties.

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What can I do if a company uses my idea without permission?

I gave a company an idea in writing. It said it was not interested. Then it ended up making a similar product -- some minor changes, same name -- and selling it in many stores. What can I do?

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trade secret

In most states, a formula, pattern, physical device, idea, process, compilation of information or other information that 1) provides a business with a competitive advantage, and 2) is treated in a way that can reasonably be expected to prevent the public or competitors from learning about it, absent improper acquisition or theft.

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