The Chamber of Commerce’s anti-bribery efforts
The July 24 Business story “Can you spot the bribe? American businesses can’t either” presented a cynical view of America’s job creators. The vast majority of businesses oppose all forms of bribery and work hard to ensure that their operations comply with legal and ethical standards. We support the Foreign Corrupt Practices Act because we believe that the law helps to reduce corruption and advances the cause of free enterprise. Our reform proposals are aimed at preserving existing enforcement tools so that the government can pursue the bad actors while ensuring that the good actors receive more clarity and certainty about their obligations under the law. Our efforts have attracted bipartisan support in both the House and Senate, and, for the sake of America’s job creators, we are hopeful Congress will act quickly to clarify the law.
Lisa A. Rickard, Washington
The writer is president of the U.S. Chamber of Commerce’s Institute for Legal Reform.