Discussion of Trade Secret Protection Worldwide

Trade secrets misappropriation is growing and has a significant negative impact on job creation, growth and competitiveness in the transatlantic economy and beyond.  TABC in partnership with Covington held a discussion on trade secret protection regimes in select countries, including recent reform efforts in the United States and the European Union.  Professor Mark Schultz, Senior Scholar at the Center for the Protection of Intellectual Property, George Mason University School of Law and Douglas Lippoldt, Senior Economist, Development Division, OECD Trade and Agriculture Directorate, provided an overview of the OECD’s recently published report “Approaches to Protection of Undisclosed Information”.  Drawing on national and international material, the authors have developed a Trade Secrets Protection Index, which takes stock of the available legal protection for trade secrets in a broad sample of countries. Following discussion on this report, we were joined by government and industry representatives to discuss recent trade secrets developments in the United States and European Union as well as the potential for the Transatlantic Trade and Investment Partnership (TTIP) to mitigate this threat.