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These excerpts taken from the AAPL 10-K filed Dec 19, 2003. Kickbacks, bribes and the Foreign Corrupt Practices Act.
Kickbacks and bribes to obtain business are against Apple’s business
practices. They are also against the
law in almost every country in the world.
The U.S. Foreign Corrupt Practices Act makes it illegal for a United
States citizen, a U.S. company and its U.S. and non-U.S. subsidiaries, and in
some instances non-U.S. nationals, to offer or to give anything of value,
directly or indirectly, to a foreign government official in order to gain or
retain business or to obtain an unfair competitive advantage over
competitors. Numerous countries have
either passed similar laws or have committed to do so.
Apple employees may not, directly or indirectly, offer or give any payment or other gift (including equipment) that could even appear to be a bribe, kickback, payoff, or other irregular type of payment to a foreign government official to influence an official act or decision. More specifically, Apple employees may not make payments or give anything of value to foreign officials or their representatives for the purpose of gaining or maintaining business or gaining an improper advantage.
These prohibitions apply to giving something to a third party, such as an agent, reseller or lobbyist, with the intention that they give it to a foreign official or with the reasonable belief that the third party will do so. Before retaining third parties to represent Apple in any business relationships with a government agency, a thorough and careful analysis of their ownership structure and business reputation in their relationship with the government agencies and officials must be undertaken.
To protect Apple and its employees, employees must check in advance with the Apple Law Department before giving, directly or indirectly, anything of value to government officials or their representatives.
Kickbacks, bribes and the Foreign Corrupt Practices Act. Kickbacks and bribes to obtain business are against Apple’s business practices. They are also against the law in almost every country in the world. The U.S. Foreign Corrupt Practices Act makes it illegal for a United States citizen, a U.S. company and its U.S. and non-U.S. subsidiaries, and in some instances non-U.S. nationals, to offer or to give anything of value, directly or indirectly, to a foreign government official in order to gain or retain business or to obtain an unfair competitive advantage over competitors. Numerous countries have either passed similar laws or have committed to do so.
Apple employees may not,
These prohibitions apply
To protect Apple and its
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