Bribery and the Motivation of Bidders on Foreign Contracts
For more than 40 years, the U.S. Foreign Corrupt Practices Act has made it illegal to bribe public officials to win government business. Since the act’s adoption in 1977, the Department of Justice has brought more than 390 enforcement actions under the law. In 2019, the agency, together with the Securities and Exchange Commission, which also is responsible for enforcement, imposed a total of $2.6 billion in fines, the most ever for a single year.