In general, trade secrets have been protected in Slovakia by the Slovak Commercial Code (Act no. 513/1991 Coll. as amended). The Slovak legislator therefore did not introduce a new law on trade secrets but rather decided to implement the Trade Secrets Directive by amending the existing set of laws. The implementing measures clarify what an infringement of a trade secret is, widen its scope and specify further protection.
Stage of legislative process
The legislative process has been completed.
Timescale for implementation
The implementing legislation is effective as of 1 January 2018.
Noteworthy points arising from the legislative changes
The protection of trade secrets is covered by unfair competition provisions.
The limitation period for contractual claims and actions connected to the infringement and potential infringement of trade secrets is set to a maximum of six years.
Damages may be claimed in the amount corresponding to the minimum amount of remuneration and fees that the infringer would otherwise have to pay for a licence to use the trade secret.
