this post was submitted on 07 Jul 2026
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Whoa this sounds pretty serious. It asks these companies to self report safety incidents and creates a "channel" for whistleblowers.
That's some serious hammer dropping. 🙄
Of course they did because this is just the Democratic version of what Republicans do with regulatory capture. They just like to dress their version up with a facade of "consumer protections" when the law doesn't actually protect anyone or improve anything.
This part right here makes it laughably simple for these companies to circumvent this law considering so many of these companies are operating at a loss. And it would only takes some creative accounting for them to just barely make just not enough to qualify.
"operating at a loss" =/= "low revenue"