4 ms·
Trade secrets can exist without any supporting legislation.
by User23 3y ago
Trade secrets can exist without any supporting legislation.
- dventimi 3y agoTrade secrets are practically impossible to maintain without supporting legislation.
- chrismcb 3y agoThis seems like an odd comment. Yes there is law that protects trade secrets. But you still need to keep the secret a secret. If the secret gets out, it is no longer a trade secret.
- dventimi 3y agoThe point is that it's difficult to become a big corporation without a monopoly, and it's difficult to maintain a monopoly without government help through patents, copyrights, and trademarks. Trade secrets--which have got nothing to do with with patents, copyrights, and trademarks and I should have just said has much--are another way to maintain a monopoly without government help, but trade secrets themselves are difficult to maintain if the secret gets out, and it almost always gets out.
- GavinMcG 3y agoBut copyright doesn’t deal with secrets. Just the opposite: it gives control over something that one has made public and attaches upon publication.
- User23 3y agoSure, but it’s an alternative way a large SaaS provider might attempt to defend whatever competitive advantage its code provides. I’m not saying it’s equivalent or even as good, just that a company with good data controls could probably grow large absent IP laws. We’d probably also see rapid advances in homomorphic encryption to enable deployed software.