Under the Obama administration, the Department of Justice has turned the Foreign Corrupt Practices Act into a potent weapon against international corporate bribery. The statute forbids companies with U.S. ties from bribing foreign officials to gain a business advantage. Since 2009 the department has settled 58 corporate FCPA cases for a total of $4.4 billion. Last year prosecutors reached a record: They used the FCPA to extract guilty pleas and $1.6 billion in penalties from such companies as Alcoa, Avon Products, and the French power giant Alstom in just 10 settlements.
