[Carry_Okie]

Such as protecting the consumer, helping American business, lower the prices for the American consumer?

It does neither. It concentrates markets into oligopoly that eventually raises prices and protects against new entrants and market substitutes by economies of scale and power to influence the regulatory process, but that's not on your list of soundbites.

[jf55510]

It does neither. It concentrates markets into oligopoly that eventually raises prices and protects against new entrants and market substitutes by economies of scale and power to influence the regulatory process, but that's not on your list of soundbites.

It does no such thing. By having a consistent set of standards across the union, it actually lowers the barriers to entry into the new market. So instead of a company having to worry about multiple sets of standards to comply with, they only have to worry about one. It also allows current market participants to expand their reaches into new markets more easily because of the consistent standard.