Government enforcers use their “coercive power” to impose expanded regulations with massive fines that end up harming consumers, investors and employers, according to a new report issued by the U.S. Chamber of Commerce’s Institute for Legal Reform.
The report, “Unprincipled Prosecution: Abuse of Power and Profiteering in the New ‘Litigation Swarm,’” identifies and describes a particular litigation model. In this swarming model, state attorneys general, federal enforcers and plaintiff law firms link arms and legal theories with each other to attack corporations.
