Business Quote by Kenneth C. Griffin
“When a company creates a product that directly or indirectly adversely impacts the health of people, that product must be regulated. The process by which its created must be regulated. No company has the right to injure people. No company.”
About This Quote
Source Speech: Public statement on corporate responsibility, 2022
Products that harm health should be subject to regulation, both the product and its creation process, because companies lack the right to cause injury.
In simple terms: Harmful products need regulation.
Key Takeaway
Advocate for stricter health safety laws.
Themes
ethics
public health
regulation
corporate responsibility
Mood
concerned
determined
Type
policy
advocacy
When to use this quote
- legislative hearings
- corporate compliance audits
- public health campaigns
Key Concepts
externalities
consumer protection
policy making
Questions to Reflect On
- How can we balance innovation with safety?
- What mechanisms ensure effective enforcement?
A Different Perspective
Regulation can stifle innovation if overly broad.
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