Ericsson Says it Received FCPA Query From US Authorities, Answering Questions
Ericsson confirmed it received a voluntary request from U.S. authorities to answer questions about its operations. "While we strive to at all times conduct our business in compliance with applicable laws, matters do arise from time to time as a…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
result of the global nature of our business," said a company statement Friday. "We will not provide any detailed comments on the request as such, but can say that it relates to Ericsson's anti-corruption program and questions related to the Foreign Corrupt Practices Act. Ericsson cooperates with US Authorities and works diligently to answer the questions."