Bribery and Corruption

VIENNA (Reuters) - A Vienna court has stopped an Austrian investigation into alleged fraud by Airbus (AIR.PA) and Eurofighter Jagdflugzeug GmbH in connection with a $2 billion (£1.61 billion) Eurofighter jet purchase in 2003, it said on Monday.

https://uk.reuters.com/article/uk-airbus-group-austria-inquiry/austrian-court-ends-fraud-probe-of-2003-eurofighter-deal-bribery-case-continues-idUKKCN2292NE

ZURICH (Reuters) - Swiss Attorney General Michael Lauber faced calls on Monday to resign over accusations that he botched a high-profile soccer corruption trial.

Businesses must be careful to avoid breaching competition law when discussing how best to address labour supply issues with other companies in their market in light of the Covid-19 pandemic, legal experts have said.

https://www.pinsentmasons.com/out-law/news/coronavirus-labour-cooperation-competition

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/