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industrial espionage

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industrial espionage

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.



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Details of the alleged industrial espionage and bribery case against Australian passport-holder Hu remained unknown, the spokesman said.
Details of the alleged industrial espionage and bribery case against Australian passport-holder Hu remained unknown, the spokesman said.
11 (ANI): With the Chinese Government backtracking on a website article that accused a British-Australian steel company of industrial espionage costing Beijing 100 billion dollars, and Australian diplomats in Shanghai meeting detained Rio Tinto executive for a second time, it appears as if ties between Beijing and Canberra are on the mend after weeks of tension.
 
 
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