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Criminal

Jun. 3, 2010

FCPA Creating Hurdles in China

China presents an almost-perfect storm of factors that make complying with U.S. anti-corruption laws difficult, experts say.

By Rebecca Beyer

Daily Journal Staff Writer

SAN FRANCISCO - When Daimler AG agreed in April to pay the United States $185 million to resolve criminal and civil charges brought against it under the Foreign Corruption Practices Act, the amount was one of the largest ever under the decades-old law and one more sign of its record-breaking resurgence.

Germany-based Daimler's deal under the 1977 act, which makes it illegal for U....

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