The favorable argument for saying that the Foreign Corrupt Practices Act is outdated is highlighted in the article Sue Wal -Mart, but get rid of Jeffrey Miron's anti-corruption law. In this article, Jeffrey Miron argues that the Foreign Corrupt Practices Act was designed with good intentions but has failed to stop corruption. The Foreign Corrupt Practices Act has had minimal impact on bribery, but has allowed less honest companies to profit. In many countries around the world, bribery is a common practice in business. Foreign companies are able to circumvent the law and pay their officials with minimal risk of exposure. This puts pressure on ethical U.S. companies restricted by the FCPA to lower their standards or risk losing business. This discourages U.S. companies from doing business abroad because of the threat of prosecution under the FCPA. The drawbacks of the argument that the Foreign Corrupt Practices Act is obsolete are discussed in the article With Wal-Mart Claims, Greater Attention on a Law by Charlie Savage. . In this article, Charlie Savage argues that the FCPA has always been a useful tool for stopping corruption, but that in recent years, with the globalization of business, other countries have gradually adopted similar laws and the United States began to apply them more strictly. The amount of fines levied by the Department of Justice and the Securities and Exchange Commission has increased further, including the record $800 million paid by Siemens in 2008. Enforcement has skyrocketed from only two enforcement actions in 2004 to 48. in 2010. There are currently at least 100 open investigations, experts estimate. Wal-Mart is considered a global company, but it was not until 1991 that Wal- Mart opens his first...... middle of paper .... ....ff. By the end of 2014, Wal-Mart will have appointed 10 market-level compliance officers in its international division to build and lead compliance teams in the company's retail markets around the world. This effort is critical to promoting the sustainability and long-term capabilities of the company's anti-corruption compliance team. Combating corruption remains a key objective of compliance training in all markets. Walmart's anti-corruption training is designed to raise awareness and understanding of the relevant code of ethics for associates and agents who interact directly or indirectly with government officials on behalf of the company. In recent years, Wal-Mart has trained more than 100,000 participants at all levels of the company worldwide, including senior executives and key leaders who interact directly or indirectly with government officials..