Both state and federal governments have regulations with respect to the amount of information that pharmaceutical companies

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Both state and federal governments have regulations with respect to the amount of information that pharmaceutical companies have to provide about the health risks of their products. A case brought before the Supreme Court in 2008 centered on whether a company could be sued if it had complied with the federal regulations but not a particular state’s regulations. Using the theory of fiscal federalism as a framework, discuss whether federal or state governments should set consumer- safety regulations.
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Public Finance

ISBN: 978-0078021688

10th edition

Authors: Harvey Rosen, Ted Gayer

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