Commercial Secrecy

Commercial Secrecy

 

in capitalist states, the right of stock companies, firms, banks, and the like to maintain secrecy regarding documents (company books, balances, and so on) that reflect their activity. The public reporting that has been introduced during the imperialist period for certain types of partnerships concerns only a few general figures and does not give a full picture of the financial position of the company.

In the socialist states commercial secrecy does not exist. It was abolished in the Soviet state by the Statute on Worker Control of Nov. 14 (27), 1917.

References in periodicals archive ?
The contract can be consulted at brl, Subject to compliance with information on commercial secrecy or unfair competition, To the dap~s management service at 1105 avenue pierre mends france in nmes in the gard (during the opening hours of the society).
The efforts to re-locate reported sealing grounds, and to discover new ones, resulted in a tension between maintaining commercial secrecy and the desire to contribute to the expanding geographical knowledge of the world--a strong motivation for educated owners in the Age of Enlightenment.
Promises of NHS transparency were strangled at birth by commercial secrecy.
Calculating the revenue this generates for Channel 4 is difficult owing to commercial secrecy, the practice of television companies of encouraging advertisers to purchase packages over a number of programmes, and an increase in fees when viewing figures are expected to be at their height for the afternoon's feature race, but it is understood the mean average cost of a single advert works out in the range of pounds 2,500-pounds 5,000.
Commercial Secrecy, Scientific Openness, and Public Health
Strategic and commercial secrecy with respect to space activities inevitably poses a challenge to the comprehensive nature of this report, particularly when reporting on proposed research or future activities.
There are nevertheless two limits on this effort to introduce greater transparency: commercial secrecy and intellectual property rights.
The Treasury's Office of Government Commerce (OGC) has refused to make public the critical reports, claiming that to do so would compromise commercial secrecy and might also inhibit "full and frank discussion".
More than ever, scientists aggressively court media attention, even as--paradoxically--unprecedented commercial secrecy comes to shroud so much of what scientists do today and financial conflicts of interest among researchers have become so common.
3) additional information: In accordance with the case law, The contract can be consulted, Within the limits of compliance with the provisions on industrial and commercial secrecy, Upon request sent by post to ign, Department of contracts, 73 avenue de paris, 94165 saint- mand cedex.
The areas where access can be restricted, according to the Cashman report, are public security, monetary stability, defence and military matters, international relations, personal privacy and commercial secrecy.
Commercial secrecy may also be a ground for denying access if this outweighs the public and private interest.

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