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by cloudjacker
3714 days ago
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If you would like to talk about the FCPA, I never mentioned my objection. The objection is that it undermines competitiveness in corrupt business environments. Business environments that are inherently corrupt whether the US entity participates or not. Kickbacks are a way of doing business in many jurisdictions, and then the US government levies a charge against you that is solved with: YOU GUESSED IT, ANOTHER KICKBACK. But its okay because the SEC and DOJ call it a settlement. A totally unnecessary law that is enforced at the discretion of the administration. |
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Anyway, when I referred to your "objection", it seemed like you were saying any laws affecting business outside the country are pointless and wrong. I don't think I know enough about the FCPA to discuss it specifically.