If bribery is the way business is done in China, .. then the anti-bribery regulations serve only to hamstring US businesses. No, they do not "serve only to ham

If bribery is the way business is done in China, .. then the anti-bribery regulations serve only to hamstring US businesses. No, they do not "serve only to hamstring US business." They exist to prevent private parties from undermining ("with corrupt intent") foreign policy as dictated by the executive branch, and by congress. They may (or may not) "hamstring" overseas business practice, as a side effect. But it is only through very muddled thinking that you can take the view that is the "only", or the most significant effect of anti-bribery statutes.