How did the International Bribery Act of 1998 expand the Foreign Corrupt Practices Act (FCPA)?
The International Bribery Act of 1998 expanded the FCPA in two important ways: (1) It tried to strike a fine balance between combating illicit business practices while facilitating the ability of American businesses to compete overseas; and (2) it expanded the list of those held accountable under the act to include foreign nationals and corporations.