Sunday, March 4, 2012

Biggest Risk to Thai Companies' Trade Secrets May Be Staff, Expert Says.

Aug. 19--The biggest threat to your trade secrets could be your colleagues or employees, according to Siripong Supakijjanusorn, a partner with PricewaterhouseCoopers Legal.

The Trade Secrets Act in effect since July 22 was devised to provide a more specific means of protecting trade secrets, besides adhering to patents, copyrights and trademarks laws which generally expire after a certain period.

The new law protects commercial formulas and business patterns, including contract forms, customer lists and marketing strategies.

"This law will serve as an extra incentive, a needed sense of security for Thai firms to carry out more research and …

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