Business Quote by Andrew Cuomo
“Showed good business judgment, knowing that these continued lawsuits would be the untimely death of the gun industry.”
About This Quote
Source Speech: Press Conference, 2012
Legal battles can unintentionally cripple an entire industry if they become relentless.
In simple terms: Lawsuits can kill an industry.
Key Takeaway
Consider the broader impact of legal actions.
Themes
law
industry
risk management
strategy
Mood
strategic
pragmatic
Type
cautious
analytical
When to use this quote
- corporate litigation
- product recalls
- environmental lawsuits
Key Concepts
economics
regulation
Questions to Reflect On
- Is the industry’s survival worth the legal cost?
- How can disputes be resolved without industry collapse?
A Different Perspective
Legal action may protect rights but also cause collateral damage.
![“... immediately call on Congress to pass far-reaching industry regulation like the Firearms Safety and Consumer Protection Act ... [which] would give the Treasury Department health and safety authority over the gun industry, and any rational regulator with that authority would ban handguns.” quote by Josh Sugarmann](https://sms4smile.com/quotes/img-quotes/0c9/josh-sugarmann-37570_amendment_immediately-call-on-congress-to-pass-far_255542.jpg)
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)