anti-bribery laws

Anti-bribery laws are regulations that prohibit the giving, receiving, or soliciting of gifts, money, or favors to influence decisions unfairly in business or government. These laws aim to promote fair competition, transparency, and integrity by preventing corrupt practices. They apply to individuals and companies alike, ensuring that no one gains an unfair advantage through unethical means. Violating these laws can lead to serious penalties, including fines and imprisonment, as well as damage to reputations. Overall, anti-bribery laws seek to create a level playing field in both commerce and public service.