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Date Approaches for Start of EU Trade Secrets Directive

In 2016, concerns about protecting trade secrets in the European Union resulted in Directive (EU) 2016/943 of the European Parliament and of the Council of June 8, 2016. Directive (EU) 2016/943, which will impact the entertainment industry, seeks to protect undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure.

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In 2016, concerns about protecting trade secrets in the European Union resulted in Directive (EU) 2016/943 of the European Parliament and of the Council of June 8, 2016. Directive (EU) 2016/943, which will impact the entertainment industry, seeks to protect undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure. A “directive” imposes a binding obligation on member states to implement its provisions, as opposed to a regulation, which has direct binding effect throughout the European Union. Article 19 sets out the deadline for implementation of the trade secrets directive into the law of each member state; the deadline is no later than June 9, 2018.

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