The Council of the European Union, in its composition of EU ministers responsible for competitiveness, adopted a general approach on the draft directive protecting against the theft of confidential business information.
The general approach adopted by the Council establishes a minimum level of harmonisation of civil laws across the EU, while giving member states the scope to apply stricter measures if necessary. It sets the limitation period for an action by the plaintiff at six years and guarantees the confidentiality of legal proceedings. It also aligns principles and legal definitions with existing international agreements.
The general approach paves the way to start negotiations with the European Parliament with a view to reaching an agreement at first reading. The European Parliament has not delivered its opinion yet.
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