Coyote has some thoughts on the tendency of market regulation to entrench bigger, more experienced companies at the expense of small:

I hate to admit it, but regulation in my own business (which I neither sought nor supported) has killed off many of my smaller competitors and vastly improved our company’s competitive position. It is no accident that the list of the largest companies in heavily-regulated Europe nearly never change, decade after decade, whereas the American list has always seen substantial turnover.

Or, put differently, CPSIA in its effects as a regulatory enactment is not so atypical as we might like to think.

Filed under: CPSIA, food safety