Forbes
By Bill Frezza
In the annals of American legislation, few laws are as futile in their impact,
capricious in their enforcement, and hypocritical in their content as the
Foreign Corrupt Practices Act of 1977 (FCPA). Designed to put a stop to the
bribery of foreign government officials, politicians, and political parties by
corporations seeking to do business in corrupt countries around the world, the
FCPA hangs as a sword of Damocles over any company that hopes to remain
competitive in places that are not as enlightened as the U.S. when it comes to
finding acceptable ways to bribe government officials.
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