Department of Justice closing books on Daimler bribery investigation
Bribing officials in order to do gain or hold onto business is prohibited - anywhere in the world - by any company doing business in the US by the 1977 Foreign Corrupt Practices Act. Thorough changes were made to Daimler's hierarchy, with new watchdog positions created to manage the sales and contract process, new chains of command, and enforcement powers given to those positions. There is even an "integrity truck" that makes stops at Daimler facilities to teach employees "what's considered improper behavior."
Still, it's a It's an interesting hot-button campaign waged by the DoJ in a conflicting global business climate. Since there are still quite a few countries around the world where you simply can't do business without bribery, Daimler's punishment is a bit like "handing out speeding tickets at the Indy 500," to borrow the line from Apocalypse Now. Supporting that analogy, a former Securities and Exchange Commission lawyer said in 2010, "FCPA enforcement is somewhat similar to speed camera enforcement. DOJ has been telling the world upfront this is a priority. If your picture is taken, you will get charged." European companies BAE Systems and Siemens, and American firm Dooney & Bourke, among others, have also had their 'pictures taken' and paid huge fines, so at least Daimler's got blue-chip company in the penalty box.
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