Gibson Guitar agrees to $300,000 fine

by Walter Olson on August 8, 2012

The fine is well below the cost of mounting a legal defense in a case that had become a symbol of trigger-happy regulatory prosecution. [Nick Gillespie/Reason, Ann Althouse, AP] Besides, Ted Frank argues, “Gibson was planning on setting up camp at the RNC to promote the problem of overcriminalization,” so the Obama administration gets something of value too in an election season.

More: “The Lacey Act: Protectionism Through Criminalization” [K. William Watson, Cato at Liberty]