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Economic espionage includes what kinds of activities?

User Broatian
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Final answer:

Economic espionage includes activities like predatory pricing, stealing trade secrets, and the use or counter use of intelligence services to gain economic advantages.

Step-by-step explanation:

Economic espionage consists of various activities aimed at illegally obtaining trade secrets or sensitive financial information from other companies or nations to gain a competitive edge. Examples of such activities include predatory pricing, which is a strategy where a company temporarily lowers prices to eliminate competition, and the theft of trade secrets, which are methods of production or sensitive information kept confidential to maintain a competitive advantage.

Espionage might also involve the manipulation or sabotage of economic activities, the usage of intelligence services to defeat threats, or employing counterintelligence services to protect against internal threats. Historical instances, such as Slater's use of technological information or the CIA and KGB's global activities, demonstrate the longstanding prevalence of state-sponsored economic espionage alongside corporate espionage.

User RodrigoDela
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