Use of information and protection of professional and commercial secrecy

The competent authorities shall respect confidential business information.

There would be no state secrets, no military secrets.

When exchanging information under this Chapter, the Parties shall take into account the limitations imposed by the requirements of professional and business secrecy.

Member States and the Commission shall respect the commercial confidentiality of information provided to them.

Description: Someone is selling government secrets.

The decision of the regulatory authority shall be made available to the public, having regard to the requirements of business confidentiality.

Without prejudice to national and Community laws on business confidentiality, the audit results should be made publicly available.

However, full disclosure may be restricted by national and Community rules regarding business confidentially.

Goals and conditions of the protection of business secrets

The new act will transpose the EU’s Trade Secrets Directive.

The new act will transpose the EU's Trade Secrets Directive.

The protection of trade secrets is, however, not absolute.

So what is the truth about the Trade Secrets Directive?

Blockchain technology : a response to the Directive on business confidentiality