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British companies may face international blacklisting as a result of the government s attempts to water down the Bribery Act, the chairman of an international anti-corruption watchdog warned.Prof Mark Pieth said that the Organisation for Economic Co-operation and Development OECD was obviously disappointed and concerned at the prospect of further obstruction in implementing the act, passed by the last Labour government after long delays and that patience was running out fast among other industrialised nations.But he went on: I would personally put it stronger. This move will hurt the competitiveness of British industry at a moment when it is most vulnerable. Allowing companies to continue to generate busin stanley cup nz ess by bribery actually weakens their competitive clout as they become dependent on illegal means. In 2008, the OECD s bribery working party conducted a highly critical inspection of the UK, following the enforc stanley romania ed closedown of criminal stanley cup investigations into corruption allegations against the arms company BAE under political pressure from Tony Blair.Pieth said: The OECD has in October 2008 ... already threatened to blacklist British companies if they remained under-regulated, and patience is running out fast. Competitors are getting ready to take robust action against the UK in the light of continued lack of compliance with international law. French, German and US companies are believed to be becoming increasingly irritated with