Commercial briberyis
a form ofbriberywhich
involves corrupt dealing with the agents or
employees of potential buyers to secure an advantage
over business competitors.It
is a form ofcorruptionwhich
does not necessarily involve government personnel or
facilities.One common type of commercial bribery is thekickback.
For example, a seller of goods or services from
"Company A" who offers thepurchasing
managerof
"Company B" a payment to his own account to help him
secure a contract for Company B's continued business
is engaging in a form of commercial bribery Other
related offenses arepayolain
theentertainment
industry,match
fixingin
sports, corruption oflabor
unionofficials,
andbid
riggingin
non-governmental contracts"
SourceWikipedia
Economic
corruption is reaching new heights
in our capitalistic, no holds bar system. We are lowering corporate
controls, increasing mergers,
rampant bribery through kickbacks and
the increasing influence on public
officials. Furthermore we are
experiencing rising
prices,
shrinkflation and the
lowering product quality. Scammers
and fraudsters in the local business
and social media are becoming more
common. They are offering poor
quality of work and products if they
show up for work. There are now a
record number of millionaires,
billionaires even a trillionair. Stocks and the
markets are being manipulated to
benefit individuals, corporations and stock
holders. Some labor leaders have
been corrupted to the detriment of
the workers and their families. We
are on the verge of reestablishing
another gilded age and the
possibility of another great
depression
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Commercial bribery
