Japanese trade secrets

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In Japan, on June 15, 1991, an amendment to the Unfair Competition Prevention Law (Law No. 47, May 19, 1993) came into effect to include measures for the protection of qualified secret "technical or business information". [1] The Unfair Competition Prevention Law was amended in recognition of the increasing importance of trade secrets in industrial society and, the recent strong international demand for harmonization of intellectual property laws. Prior to the amendments, there was no statute which directly protected trade secrets, although they were protected to some extent under general laws such as contract and tort law.

Japan Constitutional monarchy in East Asia

Japan is an island country in East Asia. Located in the Pacific Ocean, it lies off the eastern coast of the Asian continent and stretches from the Sea of Okhotsk in the north to the East China Sea and the Philippine Sea in the south.

A trade secret is a formula, practice, process, design, instrument, pattern, commercial method, or compilation of information not generally known or reasonably ascertainable by others by which a business can obtain an economic advantage over competitors or customers. In some jurisdictions, such secrets are referred to as confidential information.

Contents

2003 amendments brought the establishment of criminal sanction for misappropriation of trade secr

ets.

2004 amendments provided that the protective order be granted in an action relating to trade secrets. Under a disclosure principle of litigation prescribed by Article 82 of the Japanese Constitution, maintaining the confidentiality of any evidence regarding confidential information submitted to the court had been one of the major challenges under the practice of public trials.

Evidence Material supporting an assertion

Evidence, broadly construed, is anything presented in support of an assertion. This support may be strong or weak. The strongest type of evidence is that which provides direct proof of the truth of an assertion. At the other extreme is evidence that is merely consistent with an assertion but does not rule out other, contradictory assertions, as in circumstantial evidence.

Influences

Limitation in the economic development [2]

See also

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Non-disclosure agreement contractual agreement not to disclose specified information

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The Federal Trade Commission Act of 1914 established the Federal Trade Commission. The Act, signed into law by Woodrow Wilson in 1914, outlaws unfair methods of competition and outlaws unfair acts or practices that affect commerce.

The Wheeler–Lea Act of 1938 is a United States federal law that amended Section 5 of the Federal Trade Commission Act to proscribe "unfair or deceptive acts or practices" as well as "unfair methods of competition." It provided civil penalties for violations of Section 5 orders. It also added a clause to Section 5 that stated "unfair or deceptive acts or practices in commerce are hereby declared unlawful" to the Section 5 prohibition of unfair methods of competition in order to protect consumers as well as competition.

Federal Trade Commission Government agency

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Classified information Material that a government body claims is sensitive information that requires protection of confidentiality, integrity, or availability

Classified information is material that a government body deems to be sensitive information that must be protected. Access is restricted by law or regulation to particular groups of people with the necessary security clearance and need to know, and intentional mishandling of the material can incur criminal penalties. A formal security clearance is required to view or handle classified documents or to access classified data. The clearance process requires a satisfactory background investigation. Documents and other information must be properly marked "by the author" with one of several (hierarchical) levels of sensitivity—e.g. restricted, confidential, secret and top secret. The choice of level is based on an impact assessment; governments have their own criteria, which include how to determine the classification of an information asset, and rules on how to protect information classified at each level. This often includes security clearances for personnel handling the information. Although "classified information" refers to the formal categorization and marking of material by level of sensitivity, it has also developed a sense synonymous with "censored" in US English. A distinction is often made between formal security classification and privacy markings such as "commercial in confidence". Classifications can be used with additional keywords that give more detailed instructions on how data should be used or protected.

Confidentiality involves a set of rules or a promise usually executed through confidentiality agreements that limits access or places restrictions on certain types of information.

Unfair competition in commercial law is a deceptive business practice that causes economic harm to other businesses or to consumers. It includes a number of areas of law involving acts by one competitor or group of competitors which harm another in the field, and which may give rise to criminal offenses and civil causes of action.

Freedom of Information Act (United States) US statute regarding access to information held by the US government

The Freedom of Information Act (FOIA), 5 U.S.C. § 552, is a federal freedom of information law that requires the full or partial disclosure of previously unreleased information and documents controlled by the United States government upon request. The Act defines agency records subject to disclosure, outlines mandatory disclosure procedures, and defines nine exemptions to the statute. President Lyndon B. Johnson, despite his misgivings, signed the Freedom of Information Act into law on July 4, 1966, and it went into effect the following year.

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Apple v. Does was a high-profile legal proceeding in the USA notable for bringing into question the breadth of the shield law protecting journalists from being forced to reveal their sources, and whether that law applied to online news journalists writing about corporate trade secrets. The case was also notable for the large collection of amici curiae who joined in the matter.

Economic Espionage Act of 1996

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References

  1. "Redirecting..." heinonline.org. Retrieved 2019-04-09.
  2. Friedman, David D; Landes, William M; Posner, Richard A (February 1991). "Some Economics of Trade Secret Law". Journal of Economic Perspectives. 5 (1): 61–72. doi:10.1257/jep.5.1.61. ISSN   0895-3309.