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by ummonk 2560 days ago
In theory it could unfairly handicap American companies relative to foreign companies.

This doesn’t seem to have happened much in practice though so I support the FCPA. Corruption is a big scourge in many countries and it is a really good thing American money is prohibited from exacerbating the issue.

1 comments

> In theory it could unfairly handicap American companies relative to foreign companies.

Seems like it would be sensible for the US to push the rest of the world to adopt the same law. We're able to push other countries to adopt our war on drugs laws, why not war on corruption?

Many countries do have laws against corruption, but it's so institutionalized that the laws are functionally toothless.
In many (most?) countries in the world, the rule of law is not strong enough that you could expect these laws to be meaningfully enforced.