Invoking the rhetoric of a populist manifesto, the Chamber is trying to make the case that increased enforcement of the FCPA has had a chilling effect on U.S. businesses, causing them to avoid doing deals abroad for fear of setting off a FCPA investigation. But while this sentiment sounds pro-America, it is actually quite the opposite. Beneath the flag-waving sentiment, the Chamber is essentially asking for the U.S. government to look the other way on bribery of foreign officials. That sets a dangerous precedent for a way of doing business that does not favor U.S. corporations.
For the record, we agree.