This leader to an article caught my eye: “In markets with little regulation, litigation soars. As regulation rises, litigation falls. Unless consumers are bound by so-called tort reform, their only recourse when harmed by an unregulated product is to sue its maker.” The quotation comes from Life Science Leader, December 2012 at 44.
Those who speak and write about law departments chronically bemoan the regulatory load faced by companies. But when rules are laid down by government agencies,...