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: An Inclination to Criticize

Lobbying for regulation

Using government regulation for business advantage has become just another part of the game. It came as a surprise to me, but Wal-Mart has been particularly supportive of government programs lately as Glen Whitman points out. And they are not alone. The Altria Group, owner of Philip Morris USA and 51% of the tobacco market, is also supporting regulation. They have come out in favor of Sen. Kennedy's bill that would give the FDA authority over tobacco products. The regulation will be more of a burden for their smaller competitors than for Altria. The results of this lobbying are... (more)

Full post as published by An Inclination to Criticize on February 21, 2007 (boomark / email).