legal · go-v.org

Confidential business information.

CFR · 2024-01-01 · US · Title 12

(a) (1) We decide the business submitter has no valid basis to object to disclosure; (2) The information has been published lawfully or made available to the public; or (3) Law (other than the FOIA) requires disclosure of the information. (b) (1) The business submitter has in good faith labeled the information a trade secret or commercial or financial information that is privileged or confidential. We will provide such notice for 10 years after receiving the information unless the business submitter justifies the need for a longer period; or (2) We believe that disclosing the information may result in commercial or financial injury to the business submitter. (c) (d) (2) We will tell the requester and the submitter the proposed disclosure date at the same time. (3) If a submitter sues to prevent release, we will promptly tell the requester and will not disclose the business information until after the court's decision. (4) If a requester sues to compel disclosure, we will promptly tell the business submitter.

official document · source cfr-2024 · id 12:§ 602.7