Competition,regulation and bribery: A further note

In this note we extend the analysis of Beck and Maher (1989) concerning the effects of discriminatory anti-bribery regulation. We argue that their approaches are challengeable due to an additional assumption that is most likely inconsistent with the benchmark model. Upon discarding the controversial assumption, we have an asymmetric bribery game. The corresponding Bayesian Nash equilibrium is nonetheless possessed with the properties described in Beck and Maher, despite the fact that their approaches may be incorrect.