Daily Archives: 13. November 2019

What does the new Trade Secrets Act do?

Trade Secrets Act: what the new law does

Trade secrets are often an important economic asset in a company. This is why they are now also protected more efficiently in Germany: The Trade Secrets Act (GeschGehG) has been implementing Directive (EU) 2016/943 since spring 2019. Until then, violations of trade secrets were sanctioned under criminal law in the Act against Unfair Competition (UWG), among others, and claims for injunctive relief and damages were based on the German Civil Code (BGB).

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