DOJ: Releasing monitor reports would give Siemens competitors unfair compliance advantage
Theo Waigel, Germany's former minister of finance, served as a corporate monitor for Siemens following the company's 2008 FCPA settlement. (Credit: Metropolico.org via flickr)
Disclosing monitor reports from a 2008 FCPA settlement with Siemens would cause the German conglomerate commercial harm because competitors could copy the company’s compliance programme without incurring the same costs, the Justice Department has argued.
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