Ericsson pleads guilty in U.S. to federal bribery violations, agrees to pay $206 million penalty

Ericsson recently announced it is planning to cut 8,500 jobs as part of its cost-cutting measures. Swedish telecommunications giant Ericsson agreed to pay a $206 million penalty and pleaded guilty to violating the anti-bribery provisions of the Foreign Corrupt Practices Act, U.S. prosecutors…#swedish #djibouti #vietnam #indonesia #kuwait #dpa #departmentofjustice #iraq #doj #justicedepartment
Source: Reuters: Health - Category: Consumer Health News Source Type: news