Foreign Market Extortion and Regulations Considered – It’s a Part of Doing Business
If you do international business for any length of time eventually you get into a pickle with bribes, kick-back requests, extortion, or regulatory fines all based on and originating due to domestic competition and crony capitalism. Yes, I know it’s amazing the shenanigans that go on in the US sometimes, and if you are na?ve and think it doesn’t happen here too with our own government regulators, lobbyists, politicians, and cut-throat competition, then I bet I can tell you who you voted for in the last presidential election, and whose bumper sticker you’ll be toting around this time again. Okay so, let’s talk shall we?
Even with all that goes on in the US
it’s a far better cry than doing business as an American company in a foreign nation. But, rather than me just complain about the issue, let’s turn this into a class show-and-tell case study for you, …
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