U.S. Foreign Corrupt Practices Act or FCPA.

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Options Menu: Forum The U.S. Foreign Corrupt Practices Act or FCPA is intended to limit corrupt acts or frauds by U.S. companies, officials, and citizens outside of the U.S. In other words, what is an illegal business act within the U.S. should be an illegal act outside the U.S. Many U.S. firms argue that it is unfair and impractical to apply U.S. business, legal, ethical, etc. standards globally. They argue that in some countries, bribery and kickbacks for example is an accepted norm. As a result, the FCPA unnecessarily regulates corporate activity to the detriment of U.S. business. What is your opinion on this matter? Read the press release linked in the Reading Assignment tab in this week′s Content Folder. (Optional: additional documents related to this airline case are linked at the bottom of the press release if you need an additional reference.)

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