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Competition law is not a barrier to life sciences businesses working together to ensure the supply of vital equipment and medicines during the coronavirus pandemic.
Multimillion-dollar scheme involved kickbacks to Fifa officials for broadcast rights to the 2018 and 2022 World Cup
https://www.theguardian.com/football/2020/apr/06/fox-executives-fifa-bribery-scheme-football
Prosecutors have tabled fresh allegations of bribes being paid to FIFA executive committee members to vote for Qatar to host the 2022 World Cup.
Businesses in the manufacturing, food retail and life sciences sectors will feel more confident coordinating their efforts to help tackle the challenges posed by the coronavirus outbreak in light of new guidance prepared by the UK's Competition and Markets Authority (CMA), a competition law expert has said.
https://www.pinsentmasons.com/out-law/news/cma-coronavirus-guide
Retailers will be allowed to collaborate in ways which might otherwise breach UK competition laws for a temporary period to ensure continuity of food supplies in the country in light of the coronavirus crisis, the UK government has confirmed.
https://www.pinsentmasons.com/out-law/news/coronavirus-uk-competition-laws-food-retailers
The government has said that, because of the coronavirus, public sector bodies can now award contracts directly without any competitive tender.
https://www.theconstructionindex.co.uk/news/view/competition-law-suspended?utm_source=tci&utm_medium=sharing&utm_campaign=twitter
Airbus is yet another company that resolved its corruption out of the court. But buying a good ethical standing is becoming more complex. After all, a time when the US was the only country offering a settlement to a French company has passed. Paying massive bribes in China to sell aircraft interests many countries. Escaping prosecution is newly for sale in other countries as well. And the fact that France, the UK, and US were able to sell Airbus at a £3 billion settlement shows that this is a lucrative business.
https://www.riskcompliance.biz/news/airbus-how-the-uk-and-france-learned-to-investigate-and-sanction-international-corruption/
Scotland-based multi-energy services company John Wood Group said in a regulatory filing it has reserved $46 million in a potential settlement with authorities in the United States, Brazil, and Scotland related to a bribery investigation concerning ties to Monaco-based oil services firm Unaoil.
https://www.complianceweek.com/anti-bribery/john-wood-group-reserves-46m-to-resolve-bribery-investigations/28598.article#.Xm4FDSSKuV4.twitter
A new taskforce is to advise the UK government on whether digital platforms should face regulation on matters of data access and interoperability.
When it comes to eradicating fraud and corruption in the infrastructure industry, it’s an issue that is too important to just leave to the auditors and accountants, says Anil Iyer.
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