Swedish telecom giant Ericsson announced Wednesday it has reached a settlement of €80 million (U.S. $97 million) with Nokia relating to events that were the subject of a 2019 Foreign Corrupt Practices Act (FCPA) resolution with U.S. authorities.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...