Industries To Government: Please Regulate Us

The NYT reports that consumer advocates have some new and unlikely allies in their push for stronger safety and product standards: the industrials themselves. Now, let’s see, why would they wanna do that?

  • To have a seat at the bargaining table when the national debate unfolds.
  • By making voluntary standards mandatory, they can shut out cheaper Chinese importers who translate voluntary as “don’t have to”
  • They spontaneously developed consciences
  • Head more limiting legislation off at the pass
  • Create federal standards weaker than some state standards
  • Get to include clauses blocking consumer lawsuits
  • Circle the false statement above.

    In Turnaround, Industries Seek U.S. Regulations [NYT]
    (Photo: Getty)

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