CORPORATE LOBBYING: THE MEANS AND ENDS OF CORPORATE BRIBERY
Bribing and lobbying are two distinct and separate concepts of influencing the Government or officials of the Government. But in India, lobbying has been equated to bribing and is considered as an illegal act. Lobbying in India is in a nascent stage and there are no laws governing it. It is neither legal nor illegal but is considered to be unlawful in India. Corporations are the best vehicles to do business and their interests matter a lot to the economy. The corporations lobby the Government but it ends up as a crime of corporate bribery as there are no checks on the activity of lobbying. This article will explain how corporate lobbying, when not regulated, paves the way to the crime of corporate bribery which is an impediment to do business in India. The author has attempted to establish the proposition better with a recent example of lobbying activity of the 5/20 rule in the airline industry.