image 22.11.2017
EET 20:05:31
CET 19:05:31
   
Click for latest actual time
 
 
 
 
 
 
 
 
 
 
 
 
 
Focus focus preview Click on focus to view     image SCC Latvia
    image SCC Lithuania
    image Estonian Swedish Chamber
    image Estonian Swedes
barometer The Estonian
Economic Barometer
    image Key Economic Indicators
    image Foreign Direct Investments
    image Goods Exports and Imports
    image Balance of Payments





picture News November, 22 2017
image: Protection of Business Secrets and Unfair Competition Practices Protection of Business Secrets and Unfair Competition Practices - Business secrets should be clearly defined and protecting them from being leaked requires a written confidentiality obligation, said Triinu Hiob, Senior Associate at LAWIN Attorneys At Law, as she discussed this wide and complex area as well as unfair competition practices at SCCE’s and the German-Baltic Chamber’s joint Business Seminar, Thursday, April 11th.

- What could be considered as business secrets from an Estonian legal point of view is listed in § 63 of the Competition Act (konkurentsiseadus) and includes: Technical and financial know-how; Methods of calculation of costs; Production secrets and processes; Sources of supply; Volumes of sales and market shares; Clients, distributors; Marketing plans; Price structures and sales strategies, continued Triinu.

- Preventing business secrets from being leaked by employees requires a written and duly signed confidentiality obligation, specifying the business secrets, what is prohibited in this respect, as well as remedies at hand. It should be mentioned that a confidentiality obligation also should be drawn up with the company’s board members.

- Unfair competition practices, generally described as dishonest business practices, and acts that contradict good morals and practices, are prohibited. More specifically, unfair competition practices include: Disparagement of a competitor or the goods of the competitor; Misuse of confidential information; and Misuse of an employee or representative of a competitor.

The subject for this Business Seminar is indeed complex and wide, and Triinu got a lot of questions throughout her insightful presentation of the legislation and factual court cases. Triinu’s presentation is available online at www.swedishchamber.ee.

On behalf of the SCCE Council I would like to thank Triinu Hiob for a very interesting presentation and an inspiring discussion. My thanks also go to the German-Baltic Chamber of Commerce for a close and very good cooperation in arranging our joint Business Seminar.

Sincerely,

Kristiina Sikk
SCCE Ombudsman



read more:
· Business Secrets
· Presentation


< back
royal members
sweden
swedishtrade
abb
maqs
meritonhotels
roedl
seb
ericsson
telia
hemtex
itk
Västerbottensost
ajtooted
Wendre
Pärnu Bay Golf
Saare Golf
Tartu Ülikool
VIA3L spedition
 
Swedish Chamber of Commerce in Estonia  ·  GSM: +372 501 9813  ·  e-mail: info[at]swedishchamber.ee  ·  statistics