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Best Buy Co. Inc. And Techforward

254 Words2 Pages
Best Buy Co. Inc. is a provider of technology products, services and solutions and TechForward is an electronics recycling business that offers guaranteed buyback plans. The buy-back program is a service in which customers can resell devices for store credit for a percentage of its value. Best Buy stole TechForward Inc.’s trade secrets concerning an electronics buy-back program. In 2009, a trial program of TechForward’s Guaranteed Buyback Plan were in several Best Buy stores. Best Buy had promise a partnership with TechForward to obtain the proprietary data. After the exchange, Best Buy ended the relationship and subsequently began a similar program of its own. Best Buy launched a buyback program that used TechForward’s propriety data. After
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