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[-] ironsoap@lemmy.one 13 points 1 year ago

I understand this as the California Effect and similarly the Brussels effect. While both do change company policies, I do understand that many companies are going to continues to try and avoid a regulatory ruling as there is so much status quo market loss on the line for them.

This article describes how they'll be trying to use MOUs with nongovernment bodies to mollify consumers and regulators.

this post was submitted on 25 Oct 2023
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