thailand's desire to increase its competitiveness as an investment destination has led to the passage of the trade secret act 2002 .the tsa is the most recent law on the protection of industrial property right in the kingdom and complies with article 39 of the agreement on trade-related aspects of Intellectual property right. For all its virtues, however, the Tsa contains a loophole that may undermine its central goal of preventing unfair competition in thailand the Tsa does not explicitly vest ownership of a trade secret in a single owner.