Trade secrets are defined in the Trade Secrets Act (2018: 558). Trade secrets consist of business and operating conditions in a trader's or in a research institution's operations. The information must not be fully or partially publicly known or easily accessible to those who normally have access to such information. The holder of the trade secret must also have taken reasonable steps to keep the information secret. The disclosure of the information must also harmful for competition. Experiences and skills in normal professional practice do not constitute trade secrets, nor does information about something that constitutes a crime or other serious misconduct. Anyone who exploits or discloses a trade secret may be liable for damages or criminal charges.