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If their formulas ended up in competitors hands that can be a detrimental loss of business. It is not illegal for competing companies to use secret intelligence to find out the secrets of other companies.
Drug companies are famous for patents. However patents expire. So drug companies are forced to reengineer a drug when the patent is about to expire. They do this to keep the price high and to keep new and improved drugs on the market, but mostly to keep the price high. Once the patent expires, other drug companies can make a low-cost generic version of the drug.
Smith Systems Consulting (SSC) does not have a Constitutional obligation to keep its any of its customers information secret...
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