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Feds investigate Microsoft for alleged bribery in Hungary

Engadget ---------- U.S. authorities are investigating Microsoft for potential bribery and corruption in software sales in Hungary, according to the Wall Street Journal. In 2013 and 2014, Microsoft allegedly sold software such as Word and Excel at a steep discount to middleman companies, which then sold the same products to the Hungarian government at a much higher price. The U.S. Justice Department and Securities and Exchange Commission are trying to figure out if the difference between the two prices were used as government kickbacks. It is illegal under the U.S. Foreign Corrupt Practices Act for businesses to engage in corporate bribery and corruption overseas. To learn more click on the picture below to read the article.

Feds investigate Microsoft for alleged bribery in Hungary - Read More from Engadget

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