A Comparative Analysis Of Trade Secret Protection In The Usa, Uk, Australia, And India: Best Practices Adoption In India

Abstract

Trade secrets constitute a significant category of intellectual property that provides enterprises across diverse industries with a substantial competitive edge. Comprehending and effectively protecting these sensitive assets is essential as globalization accelerates. This research article compares the legislative frameworks for trade secret protection in four prominent jurisdictions: the United States of America, the United Kingdom, Australia, and India. This study aims to evaluate the merits and drawbacks of each region's distinct strategy through an analysis of its statutory provisions, common law principles, and landmark case laws. Furthermore, it examines optimal strategies for the management and safeguarding of trade secrets, subsequently proposing potential legal and practical measures to enhance India's existing trade secret framework. The United States, United Kingdom, and Australia's experiences inform these tactics. This comparative analysis aims to establish a more robust and efficient framework for safeguarding trade secrets in India, thereby fostering innovation and economic growth.