With one of the largest corporate fines to-date, Qualcomm Inc. was required to pay $975 million to regulators in China for violating China’s Anti-Monopoly Law (AML), their country’s law prohibiting antitrust / anti-competitive practices. Qualcomm, Inc., a U.S. firm that develops technology for wireless devices (www.qualcomm.com), agreed in the settlement to lower its royalty rates […]
Tag Archives | Violations
An Example of the Importance of U.S. Export Controls
It can be easy to criticize U.S. export control laws and regulations – “They’re too restrictive”, “They don’t make sense”, “Who cares?”, “Countries can get the same technology from other countries, so what’s the big deal if the U.S. exports it?”, and on and on and on…. The article below is a sobering example of […]
Whistleblower Earns $16M
Michael Epp, a German citizen and former executive at Supreme Foodservice collected $16 million as a result of blowing the whistle on his former employer. Supreme Foodservice and their affiliated companies pled guilty to criminal charges of major fraud, conspiracy to commit major fraud, and wire fraud, which comes with $288M in criminal penalties. In […]
Voluntary Disclosures
At C2I, we support voluntarily disclosing violations of government laws and regulations, and can help your company do its due diligence to determine whether a voluntary disclosure is warranted. If it is, we can help investigate and document the violation to the Government’s satisfaction. Voluntarily disclosing violations is not only the right thing to do, […]
Individuals Will Do Jail Time for Export Violations
Individuals will do jail time for violating export control laws and regulations. It is likely to occur in the event that an individual knowingly and willfully violates export controls. For example, in the news article below, a woman knowingly sold U.S. export-controlled ACOGs (Advanced Combat Optical Gunsights) to a U.S. individual with the understanding that […]
Dealing with Embargoed Countries
Many companies across industries that are not generally regulated for export control believe that they can export without concern. This is not always the case, and due diligence must be done to ensure the export is valid and legal. For example, regardless of what you’re selling, you may not sell it to embargoed countries or […]