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Anti-Corruption: Increasing Coordination and More Widespread Prosecution under Anti-Bribery Laws
Bloomberg Law Reports
September 12, 2011

In 1977 the U.S. Congress passed the Foreign Corrupt Practices Act (FCPA) to combat the bribery that was endemic in American businesses’ dealings abroad and had been revealed incidentally by the Watergate investigation. Since that time, a substantial transnational legal regime has arisen to prosecute companies and their employees for bribing officials of foreign governments and, more recently, for bribing private commercial parties.

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