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Trade secrets are protected by a combination of state and federal laws, which prescribe a combination of civil and criminal penalties for trade secret ?misappropriation??the improper acquisition, disclosure, or use of a trade secret.
(d) "Trade secret" means information, including a formula, pattern, compilation, program, device, method, technique, or process, that: (1) Derives independent economic value, actual or potential, from not being generally known to the public or to other persons who can obtain economic value from its disclosure or use; ...
Deceptive trade practices in the state are dealt with in Rhode Island General Laws, under Title 6, Chapter 13.1. The term 'trade and commerce' is defined in Section 6-13.1-1 to include advertising. Section 6-13.1-2 declares false and fraudulent advertising as a deceptive act or practice which is declared unlawful.
The Uniform Trade Secrets Act ("UTSA") is a piece of legislation created by the Uniform Law Commission (ULC), a non-profit organization. The USTA defines trade secrets and describes claims related to trade secrets. To date, 47 states and the District of Columbia have adopted the UTSA.
In general, trade secret protection confers owners the right to prevent the information lawfully within their control from being disclosed, acquired or used by others without their consent in a manner contrary to honest commercial practice.
What is the statutory authority for trade secret protection in your state? Rhode Island Uniform Trade Secrets Act, 6 R.I. Gen. Laws § 6-41-1, et seq.