Thursday, October 1, 2015

Posco Paid 30B JPY to Settle Trade Secret Case with Nippon Steel & Sumitomo Metal

This is almost equal settlement package with the dispute between Toshiba and SK Hynix which was settled in December, 2014. Considering such a series of disputes, the Japanese government amended the Unfair Competition Prevention Act in July, 2015 in order to increase protection of trade secret.

The Press Release by Nippon Steel & Sumitomo Metal

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