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I know that small airplane manufacturers stopped production in the 80s for the same reason (liability costs) and didn't resume until a special liability limitat
by steven777400 14y ago
I know that small airplane manufacturers stopped production in the 80s for the same reason (liability costs) and didn't resume until a special liability limitation was passed in Congress (General Aviation Revitalization Act, 1994).
I think it shows a significant failure in our tort system that so many industries are crippled by liability unless they receive special treatment, and even then, sometimes it's not enough.