Airbus Settlement Signals Greater Collaboration on International Bribery Cases
A recent overhaul of anti-corruption laws in France helped set the stage for Airbus SE to reach a EUR 3.6 billion settlement with prosecutors in three countries on the same day—a deal that illustrates the potential upside for companies of increasing collaboration between prosecutors.
The coordinated resolution of the four-year-long investigations into the European plane maker represents a milestone for France, which previously had been criticized for failing to hold companies accountable for foreign bribery. New legal tools and stronger anticorruption laws in France laid the groundwork for a coordinated resolution to the European plane maker’s legal woes. An article by the Wall Street Journal illuminates this new legal situation and gives prospects for the future of France’s new approach to anti-bribery enforcement.
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