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Uber Reportedly Under FCPA Scrutiny


The Wall Street Journal reports:

“The Justice Department has taken preliminary steps to investigate whether managers at Uber Technologies Inc. violated [the FCPA]. […] It is unclear whether U.S. authorities are focused on one country or examining activities in multiple countries where the company operates. An Uber spokesman confirmed the company is cooperating with the Justice Department on the preliminary investigation. […]

Under former Chief Executive Travis Kalanick, the eight-year-old company spread rapidly to more than 70 countries around the world in part by giving regional teams authority to adapt to local markets and expand as quickly as possible, sometimes flouting local laws. In South Korea and France, for example, it was found to violate transportation laws.”

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