> Scaring away potential mergers is much, much less valuable than establishing case law or getting legislation passed
There're a few problems with this:
1. Our lawmakers are incredibly inefficient, and many dedicated their lives to ensuring new laws don't get passed. Doesn't matter what the law is, they're career "blockers"
2. Our courts are not unpartisan, and many are conservative-leaning, and they'll simply continually strike down laws until they make it up and up and then the extremely conservative supreme court blocks it. This has been Texas' strategy.
There're a few problems with this:
1. Our lawmakers are incredibly inefficient, and many dedicated their lives to ensuring new laws don't get passed. Doesn't matter what the law is, they're career "blockers"
2. Our courts are not unpartisan, and many are conservative-leaning, and they'll simply continually strike down laws until they make it up and up and then the extremely conservative supreme court blocks it. This has been Texas' strategy.