According to the Wall Street Journal, U.S. authorities are investigating Microsoft over a bribery and corruption matter in Hungary, some details of which the company shared with Compliance Week.
The Department of Justice and the U.S. Securities and Exchange Commission are investigating software sales made by Microsoft to “middleman firms in Hungary that then sold those products to government agencies there in 2013 and 2014,” notes the WSJ report.
Microsoft allegedly sold some of its products to these intermediaries at steep discounts, who then sold these products to the Hungarian government at near-full prices, says the WSJ. Now, U.S. authorities are investigating whether...