When the federal government deregulates an industry, the states automatically have the power to regulate the same industry.

Question

Quizplus · Accepted Answer

When the federal government deregulates an industry, it does not necessarily mean that states automatically have the power to regulate the same industry. Some industries may fall under the exclusive jurisdiction of the federal government, while others may still be subject to state regulation. Additionally, even if states do have the power to regulate a previously deregulated industry, they may have differing laws and regulations from one another, leading to potential conflicts and confusion for businesses operating in multiple states.

When the Federal Government Deregulates an Industry, the States Automatically