What Can Be Protected under Trade Secret Law
Most state statutes do not specifically list the type of information that can qualify for trade secret protection but rather provide that any information that might be valuable to a competitor is protectable. Thus, nearly any type of information qualifies for trade secret protection, including chemical formulas and compounds, customer lists, methods of doing business, sales techniques, financial forecasts and models, marketing plans, and lists of potential acquisition targets. Information need not be technical or scientific to be protected. As long as the information is subject to reasonable efforts of protection and as long as the information would be valuable if known by competitors, it generally ...
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