Quote Quoting carabas
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In 2003 X started independent development of the software product with similar functionality and characteristics based on a different algorithm written in a different programming language and under a different name. First version of the product was available in 2004.
There either was or wasn't a noncompete agreement. The new product either exploited or didn't exploit Company A's trade secrets. The facts matter.
Quote Quoting carabas
There are reasons to believe that company B would make an effort to stop X from developing and marketing a "competing" product and is researching legal options.
You have told us that X developed and started marketing a competing product a decade ago. Does this coveted technology involve time travel?

This is happening in what U.S. state?