Trends

Adoption of the Trade Secrets Directive by the European Parliament

Adoption of the Trade Secrets Directive by the European Parliament

Adoption of the Trade Secrets Directive by the European Parliament

15.04.2016 BE law

On 14 April 2016, the European Parliament adopted the new Directive on the protection of undisclosed know-how and business information (Trade Secrets Directive).

According to the press release, the Directive aims to harmonize the definition of “trade secret” in the EU and to offer appropriate means of action and remedies against unlawful acquisition, use and disclosure of confidential commercial information, such as provisional and precautionary measures, injunction and correctives measures or allocation of damages, while ensuring freedom of expression and information as well as protection for whistleblowers.

The Directive also sets up rules to ensure protection of trade secrets, both during and after legal proceedings, including the possibility for judicial authorities to take specific measures (for example restricting access to documents containing trade secrets or to hearings when trade secrets may be disclosed).

The EU Member states will have 24 months to implement this Directive. In the meantime, the proposal has been sent to the Council for approval before its final adoption by the European Parliament.  


 

Team

Related news

20.09.2022 EU law
Launch of Metaverse blog series

Articles - Stibbe launches a new blog series focusing on the legal challenges of the Metaverse. In our upcoming blog posts, we will discuss the legal challenges of NFTs, crypto-assets, Metaverse platforms, crypto exchanges, DAO, and many more.

Read more

28.07.2022 NL law
Zuiver commercieel belang ook gerechtvaardigd belang: Raad van State laat zich er niet over uit

Short Reads - Op 27 juli 2022 heeft de Raad van State bevestigd dat de Autoriteit Persoonsgegevens onterecht een boete van € 575.000 aan VoetbalTV heeft opgelegd. De hoop bestond dat de Afdeling antwoord zou geven op de vraag of de AP terecht of onterecht meent dat een zuiver commercieel belang géén gerechtvaardigd belang kan zijn in de zin van de Algemene Verordening Gegevensbescherming. Het antwoord op deze vraag blijft echter uit.  

Read more

28.07.2022 NL law
Purely commercial interest also a legitimate interest? Council of State leaves the question unanswered.

Short Reads - On 27 July 2022, the Council of State confirmed that the Dutch Data Protection Authority wrongly imposed a €575,000 fine on VoetbalTV. But the Council did not answer the question whether the AP rightly or wrongly believes that a purely commercial interest cannot be a legitimate interest within the meaning of the General Data Protection Regulation.

Read more