Business Secrets

Commercially useful secret information (such as price or customer lists). The secrecy in business secrets can be in the collective nature of the information. For example, discounts given to customers are known to the supplier and the individual customer, but the pattern of discounts given to all customers, or the discretion sales departments have to discount would-be “business secrets”, notwithstanding the fact that it is composed of a collection of information items that are not individually confidential. See Know-How, Trade Secrets.

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