I do think these restrictions are a bit too harsh. Sure expensive steak and wine dinners are not the most useful allocation of resources but I also do not think someone is swayed into a huge business agreement just because they were treated to some good food. Cars, vacations, and expensive watches may be a different story since those are more lasting and have the potential to make deals happen. While it is obviously a frowned upon way to conduct business, many companies are discovered each week to engage in scandalous activities. Under Armour was just exposed as having spent extravagantly on strip club visits for top executives and athletes. College scandals break out with sports coaches throwing parties for recruits and taking them to strip clubs. Since these practices are going on all over the country across many industries, I feel it is a bit trivial to put prices on lunches and give categories for acceptable gifts. Until then, I believe people will continue to participate in unethical activities behind closed doors no matter what.