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The Economic Espionage Act of 1996 (Pub. L. 104–294 (text), 110 Stat. 3488, enacted October 11, 1996) was a 6 title Act of Congress dealing with a wide range of issues, including not only industrial espionage (e.g., the theft or misappropriation of a trade secret and the National Information Infrastructure Protection Act), but the insanity defense, matters regarding the Boys & Girls Clubs of ...
Industrial espionage, also known as economic espionage, corporate spying, or corporate espionage, is a form of espionage conducted for commercial purposes instead of purely national security. [ 1 ] While political espionage is conducted or orchestrated by governments and is international in scope, industrial or corporate espionage is more often ...
In 2006 (five years after their arrest), they pleaded guilty to two counts each of economic espionage. In 2008, they were sentenced to a year in prison. The maximum sentence is 30 years however prosecutors asked for less because of their cooperation. The case resulted in the first convictions under the Economic Espionage Act of 1996. [23] [24]
The high-profile criminal case against Choi, an award-winning engineer once seen as a star in South Korea's chip industry, highlights a drive by Seoul to thwart industrial espionage and slow China ...
Mr Choi had already been the subject of an industrial espionage trial since July 2023 that underscored South Korea‘s attempts to fight industrial espionage and slow China‘s progress in chipmaking.
The U.S. on Friday warned about a new Chinese counter-espionage law, saying American and other foreign companies in the country could face penalties from Chinese authorities for regular business ...
"In December [of 1920] ten important officials of the Labor unions of Akron, Ohio, were exposed as confessed and convicted spies of the Corporations Auxiliary Company, a concern whose business is the administration of industrial espionage." [12] By the 1930s, industrial espionage had become not just an accepted part of labor relations, it was ...
Espionage is often part of an institutional effort by a government or commercial concern. However, the term tends to be associated with state spying on potential or actual enemies for military purposes. Spying involving corporations is known as industrial espionage.