Shanghai, China's largest city, is to enact rules to stop employees who want to change jobs from taking business secrets with them, an official report said Friday.
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WASHINGTON _ The Commerce Department, which asks corporations to trust it with important business secrets, fails to protect information in its computers, federal investigators told Congress on Friday.
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The study also said the Agriculture Department allows biotech companies to keep too much of their research data from the public by classifying the material as business secrets.
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This he treated as a business secret for many years, but a few months before his death he handed the formula to representatives of the New South Wales government.
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She has shown a deep respect for the business secrets of computer companies who have sent witnesses to the case, repeatedly closing the courtroom while those secrets were explored.
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Salomon investment bankers who work on deals for big commercial banks said they face an uphill battle to persuade those banks that Salomon will keep client business secret from Citibank.
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Legal questions such as whether a foreign-based firm like GM could apply German laws against unfair competition, and how to define a business secret in the auto industry complicated the matter, she said.
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China also is drafting a law on the protection of business secrets and regulations on the protection of integrated circuits and new plant species, said Li Shunde of the Intellectual Property Rights Center.
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Businesses have lots of good reasons to monitor workers : to deter workplace crime, to protect business secrets and to make sure, for instance, that employees aren't calling Timbuktu on the company dime.
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Under the new rules adopted by Shanghai's legislature, people who want to change jobs will not be allowed to reveal state secrets, business secrets or infringe their employers'copyrights, patents, and trademarks, it said.
