| 释义 |
Legislative Overkill Legislative OverkillA pejorative term referring to a law that intends to close or prevent the abuse of a loophole but instead imposes new restrictions. Some believe that most regulation comes from legislative overkill, though others dispute this. For example, libertarian critics of the Sarbanes-Oxley Act argue that the law in fact did more harm than good by imposing excessive requirements that hurt profits and by extension the economy. |