INDUSTRIAL ESPIONAGE


Meaning of INDUSTRIAL ESPIONAGE in English

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. See also patent .

Britannica English dictionary.      Английский словарь Британика.