I've always wondered -- if I used this on the board room window to listen into public company earnings meetings, is that inside information? Technically, the information is "public" in that anyone could do what I'm doing...
I'm sure that one way or the other, that question has been dealt with exhaustively. My guess, the information you obtain is considered definitely not public, even though it's possible for a member of the public to obtain.
Public means everybody can do whatever they want with it, no exceptions (except, as with all things, by law). If you want to restrict the information, then do it, but don't make it public and then when a competitor uses it claim it wasn't public 'for them'.
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