Reply to post: Re: Ericcsson's stock is traded in the U.S. on NASDAQ, so it is subject to the FCPA

Ericsson throws $1bn at US authorities to make bribery probe go away

Anonymous Coward
Anonymous Coward

Re: Ericcsson's stock is traded in the U.S. on NASDAQ, so it is subject to the FCPA

I work in the EU for US company, and frankly, it's BS. They force everybody to go through an online "training" session, with a "test" to pass. First, it's in English, in a non-English speaking country. Then the test is laughable, a few multiple-choices to make. Some years, they even give you your wrong answers at the end before forcing you to retake the same test.

But at the end of the day, hey, presto, by the magic of having us tick those boxes of barely understandable foreign legalese, they're not liable anymore!

It's all BS, a US gov racket aimed at foreign companies.

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