How State Granted Privilege Distorts Markets: Big Business v. Tort Reform

"...[I]n large areas of the country, that ?reform? has taken place, big-business has emerged triumphant. The American Lawyer, an influential trade publication, recently declared an end to the era of mass-injury class actions, but the changes are far broader than that. Courthouse doors have slammed shut on a wide variety of claims. Michigan , for example, has virtually wiped out all lawsuits against drug makers in the state. Six states have passed laws seriously restricting the kinds of asbestos suits that can be filed, and 23 now have statutes saying you can't sue the likes of McDonald's for making you fat. Damage limits in many states have rendered medical malpractice litigation nearly comatose." (Businessweek)