Trade secret Trade secret is technical technological organizational information or other information of economic value which as a whole or in a specific combination and set of elements is not generally known to persons normally dealing with this type of information or are not easily available to such persons provided that the person entitled to use the information or dispose of it has taken action while maintaining due diligence to keep it confidential see Article of the Act of April on combating unfair competition.
It should be emphasized here following the views of the doctrine that concepts such asf the Civil Code and philippines photo editor Article of the Act on Combating Unfair Competition ; confidential information Article of the Civil Code ; business secret or commercial secret terms used in the literature ; – they are close to each other and often used together which means that in most situations it will not be faulty or misleading.
Therefore a trader's enterprise secret covers all types of financial business economic information concerning commercial relations as well as technical technological or organizational information related to the enterprise run by him. . This information undoubtedly constitutes the secret of an entity conducting business activity which does not want to disclose it to a third party for fear of its unfair use. Additionally it should only be noted that in accordance with the provisions of Art.
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f the Civil Code and 