Under what conditions a company prefer to use trade secrets


Problem

Although a patent ensures a monopoly on that particular invention for some time, it also requires that the nventor disclose the details of the invention. Under what conditions might a company (like Coca-Cola) prefer to use trade secrets rather than patents to protect its formulas?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Under what conditions a company prefer to use trade secrets
Reference No:- TGS02091325

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