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Lobbyists continue to push for FCPA changes

U.S. Chamber of Commerce outlines proposals, cite confusion over law

The heated debate over amending the Foreign Corrupt Practices Act continues to grow, as the U.S. Chamber of Commerce pushes to amend the law and the Department of Justice (DOJ) continues to reject their proposals.

The 1977 law prohibits companies from paying bribes to foreign officials. Tough enforcement of the FCPA in the past five years has led to about $4 billion in penalties against corporations.

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