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Powerful countries have the ability to apply their law extrateritorially, especially law concerning companies... e.g. UK stipulates that bribery is illegal ever
by tomp 7y ago
Powerful countries have the ability to apply their law extrateritorially, especially law concerning companies... e.g. UK stipulates that bribery is illegal everywhere in the world, so a UK company employing people in China and those Chinese employees bribing Chinese officials is illegal (in the UK), so the UK parent company could be responsible...
Easy to do the same thing here, as long as the company has (and wants to keep having) presence in the EU that's enough to enforce standards worldwide.