Cass R. Sunstein, Columnist

Why Companies Reject Trump’s Deregulation Theology

Sometimes, opposing regulations can be bad for business.

Higher standards.

Photographer: David McNew/Getty Images

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Here is a puzzle about some of the Donald Trump administration’s most prominent deregulatory efforts: The very companies that are supposed to benefit from those efforts do not welcome them. In some cases, they strenuously oppose them.

How can that be? There are several answers.