Acquisition of trade secrets from business competitors. Industrial spying is a reaction to the efforts of many businesses to keep secret their designs, formulas, manufacturing processes, research, and future plans. Trade secrets may find their way into the open market through disloyal employees or through various other means. Penalties against those found guilty range from an injunction against further use of the knowledge to substantial damages. Seealso patent.
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Practice of obtaining military, political, commercial, or other secret information by means of spies or illegal monitoring devices. It is sometimes distinguished from the broader category of intelligence gathering by its aggressive nature and its illegality. Counterespionage efforts are directed at detecting and thwarting espionage by others.
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