commercial bribery


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Noun1.commercial bribery - bribery of a purchasing agent in order to induce the agent to enter into a transaction
bribery, graft - the practice of offering something (usually money) in order to gain an illicit advantage
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The commission also concluded that both Craft and Rebel violated a regulation prohibiting a particular scheme of commercial bribery, 204 Code Mass.
Former executives of Turner Construction and Bloomberg LP have been charged with bid-rigging and commercial bribery in a scheme that prosecutors say netted $15 million.
Additional flexibility for the sanctioning of foreign-bribery crimes in Germany is enabled by the use of several alternative offences to the foreign-bribery crime set out in the IntBestG--principally breach of trust and commercial bribery. (117) When prosecutors do elect to proceed with a criminal prosecution (rather than a section 153(a) resolution) they select which of these offences is charged based on the facts presented, as well as considerations of the available evidence and difficulty of establishing guilt at trial.
It pokes holes into the Act over delayed enforcement on provisions prohibiting passive and active commercial bribery, such as inducements to secure tenders.
The OL also stated in his report that the agent and the individuals involved have breached the provisions of the Anticorruption Act of Bhutan 2011, particularly section 66, 67 and 68 dealing with commercial bribery and embezzlement of fund by a private individual.
Abbott's grant to McKesson is another arrow in the quiver of critics from the right and from the left who want to get rid of economic incentive funds they regard as tools of commercial bribery or crony capitalism.
It makes provision for offenses like commercial bribery, bribery of employee of non-state commercial or other non-governmental organization, abuse of authority of officials of non-government commercial or other non-governmental organization.
public companies and issuers subject to the FCPA's books and records provisions remain particularly at risk given the ease of prosecution for any small payment, regardless of materiality, and the broad interpretation of the statute by regulators to include any type of improper payment, including commercial bribery.
Commercial Bribery in China: Analysis and Countermeasures
This could lead to charges of commercial bribery, unlawful possession of personal identification information and larceny.
Meanwhile, the Policy and Regulatory Report reported that Changsha People's Procurator, in Hunan province, had indicted 35 defendants in the GlaxoSmithKline (GSK) commercial bribery case, including GSK's China unit, making this the largest anti-corruption prosecution involving a foreign firm in the country.

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