I am in the support of the recording industry. There is an uphill battle for the ReDigi. Uploading the music files in the internet for downloading will mean generating new copies, which is an infringement to the recording rights (Brust, 2013). Generating new copies of music is something, which cannot be done without licences. The rationale behind prohibition is to enable the owner to control the number of copies for sale. ReDigi deletes the original version and uploads a copy of the music, which is very different from file sharing.
The types of intellectual property used in my current area of employment are; trademarks, patents, and designs (Brust, 2013). The patents are protected using tight legal restrictions. This prevents reproducing the products or services by other companies. The company has a well-defined trademark for the products. These are logos, which define the products. The logos are unique and anyone who is found dubbing the product may encounter strong legal implications. The logos help distinguish our goods and services in the market. Copyright finds application when work is fixed. Any journals written after the company conducts market research is under a copyright. The information is protected from probable competitors who would like to have a snippet view of what happens.
These are not trade secrets but rather conforming to the regulation of running good business. Confidentiality clause is an agreement between two or more companies where they agree not to share information to other parties while non-compete clause is a contract in which bars a business not to run a similar profession, which is in competition to an established one (Brust, 2013). A non-disclosure agreement is a contract whereby at least two parties outline confidential information, which they can share while restricting access by third parties. Security issues arising while conducting business in the internet include access of information by hackers. There is also a difficulty in developing customer relationship and finally copyright infringement due to the ubiquitous nature of the internet.
References
Brust, R. (2013).Good Copy, Bad Copy. ABA Journal. 70(3). Pp. 14-18