Ericsson To Pay $1B To Settle Foreign Bribery Allegations

By Jody Godoy (December 6, 2019, 4:58 PM EST) -- Stockholm-based telecom giant Ericsson has agreed to pay criminal and civil penalties totaling more than $1 billion to U.S. authorities over bribery and slush fund schemes in Asia, Africa and the Middle East dating back to 2000, the U.S. Department of Justice announced on Friday....

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