"The purchasers, including Chester, each signed a subscription agreement, a promissory note and a pledge agreement," the S.E.C. said.
Moreover, since the credit report was made available to only five subscribers, who, under the subscription agreement, could not disseminate it further, it cannot be said that the report involved any strong interest in the free flow of commercial information.
All the information is confidential; under the terms of the subscription agreement the subscribers may not reveal it to anyone else.
Moreover, since the credit report was made available to only five subscribers, who, under the terms of the subscription agreement, could not disseminate it further, it cannot be said that the report involves any "strong interest in the free flow of commercial information". Id., at 764, 96 S.Ct., at 1827.
The letters cited a clause in the subscription agreement prohibiting redistribution of the company's Internet connection service.
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The THIN study data was acquired under the terms of a subscription to THIN held by Wyeth Pharmaceuticals.
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