[General] Questions about expressions in a news article

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vmffhflek08

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I was reading a news article about IBM banning its employees from using Apple's Siri over security concerns and ran into the following paragraph.


Because the system that makes Siri available is so complex and multifaceted, Apple could reasonably justify extracting and using the information contained in just about any question people ask Siri. When that information comes from another major player in the competitive space, the implications of the appropriation of proprietary information become obvious.


I was wondering what the underlined part meant in the context. Does "the competitive space" refer to the entire IT market? And as to "the implications of the appropriation of proprietary information," does "implications" mean consequences? I would appreciate it if anyone could explain the meaning of the last sentence?
 

emsr2d2

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Yes and yes.
 
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