Bus Law Chapter 8 Trade Secrets and International Protection

The Madrid Protocal

Allows a U.S. company to register its trademark abroad with one application It reduces time and cost of international trademarks

The Berne Convention

Every country that signed this treaty must recognize authors' copyrights in the other nations. No notice is required In 2011 the European Union altered its rules to extend the period of royalty protecting from musicians from 50 to 70 years

Trade Secrets

Information of commercial value such as customer list, plans, research and development, pricing information, marketing methods, and production techniques Protection is for both the idea and expression

Border Searches

Member nations are required to establish border measures that allow officials—on their own initiative—to search commercial shipments of imports and exports for counterfeit goods

TRIPS Agreement of 1994

established standards for the international protection of intellectual property rights The domestic laws of member confirmed must have broad intellectual property rights and effective remedies for violations Must have legal procedures available for those who want to bring actions from Infringement Prohibits discrimination and favorable treatment of their own citizens

Anti-Counterfeiting Trade Agreement (ACTA)

is designed to combat global counterfeiting and piracy by: increasing international cooperation; facilitating the best law enforcement practices; and providing a legal framework to combat counterfeiting and distribution of pirated copyrighted works.

State and Federal Law on Trade Secrets

Under section 757 or the Restatement of Torts Those who use or disclose someone's trade secrets whiteout authorization are liable if: 1. It is discovered by improper means 2. The disclosure constitutes as a breach of duty Protected under common law and most states make laws based on the Uniform Trade Secrets Act