Which consequence can result from economic espionage?

Economic espionage refers to the theft or misappropriation of a company's trade secrets or proprietary information, with the intent of gaining a competitive advantage. The legal ramifications of engaging in economic espionage can be severe. One of the most significant consequences is criminal charges that can lead to imprisonment. Under laws in many jurisdictions, including the Economic Espionage Act in the United States, individuals found guilty of economic espionage can face substantial prison sentences. This includes potential sentences of up to 15 years for those convicted, emphasizing the severity of such offenses.

This consequence highlights the importance placed on protecting intellectual property and proprietary information, and it serves as a deterrent against engaging in practices that compromise a company's competitive edge through illegitimate means. The gravity of the legal ramifications reinforces ethical practices in business and serves to uphold fair competition in the marketplace.