However the confidentiality clause is usually an element of a civil law contract or an annex to it. Compared to an NDA a confidentiality clause is usually a narrower provision for the protection of all company data and information. Trade secret Trade secret is technical technological organizational information or other information of economic value which as a whole or in a specific combination and set of elements is not generally known to persons normally dealing with this type of information or are not easily available.
To such persons provided that the person entitled to use the information or dispose of due diligence to keep it confidential see Article of the Act philippines photo editor of April on combating unfair competition . It should be emphasized here following the views of the doctrine that concepts such as:business secret Article point of the Civil Code and Article of the Act on Combating Unfair Competition ; confidential information Article of the Civil Code ; business secret or commercial secret terms used in the literature.
They are close to each other and often used together which means that in most situations it will not be faulty or misleading. Therefore a trader's enterprise secret covers all types of financial business economic information concerning commercial relations as well as technical technological or organizational information related to the enterprise run by him. The role of the above regulation is to provide protection for the party providing confidential information during negotiations against the other entity not disclosing and further sharing the information obtained by it with other persons and not using it for its own purposes. Therefore, already at the negotiation stage.
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