Introduction
Suppose you have a brilliant idea that could revolutionize your industry and change your life for the better but you don’t have the funds to implement it. You approach some investors with the view of sourcing funds for your project and this necessitates that you divulge information about your idea to the said investors. Unfortunately, your potential investor steals your idea and implements it without your consent. What recourse is available to you at law and how can you protect your ideas from copycats?
This week, we explore the elements of confidential information and how the law on confidential information can be used to safeguard intellectual property asset
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