Trade secrets are a valuable and highly useful form of intellectual property right and Coca-Cola is testament to this. They are the global leader in the beverage industry, and it is no wonder that the secret for the formula of the most popular soft drink in America is valued at millions of dollars.
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In late October China’s highest court, the Supreme People’s Court (SPC), released a list of eight model cases (dianxing anli典型案例). The list is a collection of important cases that suggest the direction of the focus and scope of the court and also signals new trends in its decision making process. The cases listed have wide-ranging implications on protecting trade secrets, unfair competition, trade marks, patents and infringement of the manufacturing process. China IPR has great synopses of the cases and provides some spot-on analysis here.