discussion board 411
In the video clip “Complying with the FCPAâ€, attorney Paul McNulty discusses Foreign Corrupt Practices Act enforcement(available on youtube). What are some policy reasons that the U.S. government may have for prohibiting U.S. companies from bribing foreign officials in order to get international business?Consider that if U.S. companies are winning contracts abroad, it can result in more jobs in the U.S. and a stronger domestic economy.
2) In the U.S. Dept. of Justice Antitrust Primer, the DOJ describes common types of illegal, collusive activity among competitors. Do you believe that cooperation among competitors may be justified in certain scenarios? For example, since a greater number of “brick and mortar†bookstores (i.e. Borders) seem to be facing bankruptcy, should these bookstores be exempt from antitrust laws and be permitted to engage in market allocation to remain viable? Consider that one of the goals of the U.S. antitrust laws is to ensure that consumers have product choices in the marketplace.
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