"Trade secret" means information, including a formula, pattern, compilation, program, device, method, technique, or process. What are trade secret information?Trade secret law, a branch of intellectual property law, protects a business's secrets and allows companies to safeguard information they've developed. Trade secret law "does not require the maintenance of absolute secrecy; only partial secrecy or qualified. Secrecy has been required under the common law. The "inevitable disclosure" doctrine permits the plaintiff in a trade secrets case to establish threatened misappropriation. In simple terms, "misappropriation" means the improper acquisition, disclosure, or use of a trade secret. New Jersey protect trade secrets under common law. What is a Trade Secret Under Texas Law? Minnesota Governor Tim Walz (D) signed into law the Minnesota Consumer Data Privacy Act, which will take effect on July 31, 2025.