industrial espionage

Definition

Spying on one's competitors to gain a competitive advantage. Often illegal.

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Many companies are quite competitive including the use of industrial espionage in which one company spies on another in order to get ahead in the business world.

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When Sandy sold the confidential diagrams and plans that detailed how to construct her company's newest product to the competition, she was charged with industrial espionage.

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Over the past few years, Samsung has released a couple of smartphones that closely resemble the form factor of Apple's iPhones, causing some to accuse them of using industrial espionage to spy and mimic their biggest competitor.

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