Trade Secrets Law in Azerbaijan
Trade Secrets Law in Azerbaijan
🇦🇿 Legal Framework
Azerbaijan's primary legislation governing trade secrets is the Law of the Republic of Azerbaijan on Trade Secrets, enacted on December 4, 2001, and amended on April 9, 2019. This law defines and protects trade secrets within the country. (CIS Legislation)
🔐 Definition of Trade Secrets
Under this law, a trade secret is defined as information related to the productive, technological, management, financial, or other activities of legal entities and individuals, which, if disclosed without the owner's consent, could harm their legitimate interests. (CIS Legislation)
🛡️ Protection Mechanisms
Trade secrets in Azerbaijan are protected through a combination of legal, organizational, and technical measures implemented by the owner or their confidant. These measures are collectively referred to as the "mode of trade secret." (CIS Legislation)
⚖️ Enforcement and Remedies
The law provides mechanisms for the protection of trade secrets, including legal actions against unauthorized acquisition, use, or disclosure. Affected parties can seek remedies such as injunctions, damages, and other legal actions to protect their interests.
📊 Summary Table
Aspect
Details
Legal Framework
Law on Trade Secrets (2001, amended 2019)
Definition
Information whose unauthorized disclosure can harm legitimate interests
Protection Measures
Legal, organizational, and technical measures
Enforcement
Legal actions for unauthorized acquisition, use, or disclosure
Remedies
Injunctions, damages, and other legal actions
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