Ericsson agreed to pay $1.2 billion (€1.09 billion) to resolve a bribery case brought by US authorities, the Justice Department announced Friday. The US Department of Justice (DOJ) charged the Swedish telecommunications firm with conspiracies to violate the 1977 Foreign Corrupt Practices Act (FCPA). An Ericsson subsidiary, Ericsson Egypt Limited, also pleaded guilty on Friday to a charge of conspiring to violate the FCPA. As part of the settlement, Ericsson ...