Telecommunications and the Foreign Corrupt Practices Act

38 Pages Posted: 25 Jul 2011

See all articles by Ewan Sutherland

Ewan Sutherland

University of the Witwatersrand, LINK Centre

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Date Written: January 1, 2011

Abstract

Authorities in the USA have been increasingly active in enforcing the provisions of the Foreign Corrupt Practices Act (FCPA) on firms engaged in paying bribes in cash or in kind. This paper reviews a series of investigations and settlements of cases in the telecommunications sector, which appears to be one especially prone to corruption. These relate to a wide range of countries and activities, including the issuing of licenses, public procurement and the wholesale rates paid for telephone calls. In one case a former member of US Congress was prosecuted. Substantial fines have been paid to both the Department of Justice and the Securities and Exchange Commission, with some individuals receiving jail sentences.

Keywords: telecommunications, bribes, corruption, prosecution

JEL Classification: l96, G38, K0, K20, K42

Suggested Citation

Sutherland, Ewan, Telecommunications and the Foreign Corrupt Practices Act (January 1, 2011). Available at SSRN: https://ssrn.com/abstract=1894606 or http://dx.doi.org/10.2139/ssrn.1894606

Ewan Sutherland (Contact Author)

University of the Witwatersrand, LINK Centre ( email )

1 Jan Smuts Avenue
Wits
Johannesburg, Gauteng 2000
South Africa

HOME PAGE: http://link.wits.ac.za/

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