The United States has a law prohibiting U.S. firms from bribing foreign officials and business persons, even in countries where bribery is a normal practice. Some U.S. firms claim this places the United States at a disadvantage compared to host-country firms and other foreign firms that are not hampered by such a law. Discuss the ethics and practicality of the U.S. anti-bribery law.
MNEs are caught in a dilemma. Should they employ bribery if their local competitors use this strategy?