The Agency for Intellectual Property of the Republic of Moldova (AGEPI) is seeking public input on a proposed law to protect trade secrets. The law aims to establish clear rules and definitions for the protection of trade secrets, including preventing unauthorized access, use, and disclosure. It takes into account factors such as freedom of speech, information, and the public interest when defining the law’s scope. The proposed legislation distinguishes between illegal actions and those based on legitimate grounds, and implements measures to protect the rights of trade secret holders. This includes access to legal advice, compensation, and remedies for breaches of confidentiality. The law also introduces obligations of confidentiality in court proceedings and provides mechanisms for challenging court decisions. Additionally, it establishes a procedure for compensating trade secret owners for unlawful use and disclosure, enabling courts to award compensation based on actual damages and economic consequences. The new law will replace the relevant section of the Civil Code and will become effective two months after it is officially published. Public consultations on the draft law will be open until August 28.
