New French Law Expands Protections Covering Trade Secrets
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Key takeaways:
- France recently passed a new law—transposing EU Directive 2016/943—that seeks to protect businesses against the unlawful use of their “trade secrets”; that is, their undisclosed know-how and other valuable business information.
- The statute sets comprehensive procedural measures and civil remedies tailored to fight violations of trade secrets but does not create new specific criminal liability for such violations.
- While reforming the 1968 French Blocking Statute has been contemplated during this legislative process, this effort still remains to be done.