Trade secrets protection in India in the absence of a sui generis system

IN TODAY’S BRUTALLY COMPETITIVE WORLD, corporate espionage is much more common than we realise. Academic literature shows how companies lose billions to trade secret theft. For a company to retain a competitive edge in the market, it is vital to safeguard all innovative technologies, formulations, business methods, price lists, projected capital investments, marketing strategies and customer lists etc which may not be protectable otherwise as intellectual property.