3 ms·
I think there might also be a consideration here that it's a US company. The FCPA has driven some foreign companies out of business and allowed giants like GE t
by rjzzleep 4y ago
I think there might also be a consideration here that it's a US company. The FCPA has driven some foreign companies out of business and allowed giants like GE to buy up their assets. Alstom exec's were fined for ordered to either pay 700m or face prison time and instead chose to sell the company to GE. GE itself was fined only 20 for FCPA violations in India. I can't find the list right now, but I believe GE bought a couple of companies this way.