America’s Most Secretive Companies

In Fun with Trade Secrets on August 30, 2010 at 7:40 am
SALT LAKE CITY - DECEMBER 8:  Former Blackwate...

Image by Getty Images via @daylife

The key element of a trade secret is, of course secrecy.  As defined in the California Uniform Trade Secrets Act (“UTSA”), a trade secret is means “information, . . . that: (1) Derives independent economic value, actual or potential, from not being generally known to the public or to other persons who can obtain economic value from its disclosure or use; and (2) Is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.”

Some companies are better than others in maintaining secrecy.  Last Friday, 24/7 Wall St. ranked the companies that, in its view, are America’s most secretive:

1. Apple, Inc.

2. Xe Services LLC (f/k/a Blackwater Worldwide)

3. Renaissance Technologies

4. Google Inc.

5. Boeing Co.

6. Monsanto Co.

7. PGP

8. The Coca-Cola Company


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