Is Litigation Stifling Innovation? The Growing Impact of Abusive Lawsuits on Medical and Energy Sectors
SAN FRANCISCO — Lawsuits leveled against major corporations are creating unintended consequences across various industries, potentially threatening innovation and cost-efficiency for consumers. Legal actions, especially those targeting big energy and medical technology firms, have been criticized for hampering progress on crucial societal challenges like climate change and public health. Experts argue that while the intent behind many of these lawsuits may be to seek justice, the reality often results in stifling the very innovation needed to solve large-scale problems. For instance, California Attorney General Rob Bonta recently launched a lawsuit with intentions to hold oil … Read more