4 ms·
Random idea: If I remember correctly, the US has extremely strict anti-bribery laws that apply to bribes made outside the US jurisdiction as well. These might
by pmjordan 14y ago
Random idea:
If I remember correctly, the US has extremely strict anti-bribery laws that apply to bribes made outside the US jurisdiction as well. These might only apply to government bribes (corruption), but if they apply here too, you could consider rattling the global Visa parent company's chain in the US in some way.
- RedwoodCity 14y agoSadly large companies can afford to drive smaller companies out of business suspect means and then fight charges in court. The court system moves slowly and is prohibitively expensive for small companies, so the small company is likely to run out of money long before they are able to force the hand of a larger company.
- NoPiece 14y agoIANAL, but I think the FCPA (Foreign Corrupt Practices Act) only covers bribes to foreign government officials.
- evolve2k 14y agoMy understanding is that this is not correct. The US does have strong AntiCorruption Laws that deal with US entities operating overseas. Transparency International have good references. http://www.transparency-usa.org/links/index.html http://www.transparency-usa.org/links/index.html A quick search found this signed by Brazil and US in 1996. B-58: INTER-AMERICAN CONVENTION AGAINST CORRUPTION '(3) TRANSNATIONAL BRIBERY.--Current United States law provides criminal sanctions for transnational bribery. Therefore,it is the understanding of the United States of America that no additional legislation is needed for the United States to comply with the obligation imposed in article VIII of the Convention.' http://www.oas.org/juridico/english/Sigs/b-58.html http://www.oas.org/juridico/english/Sigs/b-58.html