New French Law Expands Protections Covering Trade Secrets

10 October 2018
View Debevoise Update
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.