There is no specific law governing trade secrets. However, trade secrets and other confidential commercial information can be protected by contract. Protection of confidential information such as trade secrets may also be covered by some laws such as Data Privacy Act, Food and Drug Act, and the Revised Penal Code.

Membership in International Conventions

– Paris Convention, since September 27, 1965, Lisbon Act and Stockholm Act, with the exception of Art. 1 to 12, since July 16, 1980.
– WTO's TRIPS Agreement, since January 1, 1995.


Definition: a trade secret is any formula, pattern, device, or compilation of information that is used in one's business and gives the owner an opportunity to obtain an advantage over competitors who do not possess the same information.

Assignment - licensing: possible.

Remedies for misappropriation: injunction and damages.