Is the Firearms Industry Regulated?
Anti-gun groups claim that the firearms industry
is unregulated.
Is that true? Not even remotely.
THE CLAIM: The firearms industry is unregulated.
Anti-gun groups claim that because Congress decided not to
give jurisdiction over the industry to the Consumer Products
Safety Commission (CPSC) that the firearms industry is “unregulated.”
THE TRUTH: Congress decided not to give
regulatory authority over the industry to the CPSC because
Congress had already established an entire federal agency,
the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF),
to regulate the industry and to enforce our nation’s
firearms laws. Additionally, the industry is regulated by
a myriad of state and local laws. There are over 20,000 laws
that govern and regulate the sale and distribution of firearms.
It is one of the most heavily regulated industries in America.
THE CLAIM: Only the firearms industry is
not regulated by the CPSC. Why is the firearms industry the
only industry not regulated by the CPSC?
THE TRUTH: Many industries, including the
motor vehicles industry and aircraft and aircraft engine industry,
to name just a few, are not regulated by the CPSC. Does that
mean these industries are unregulated? No, of course not.
Ever hear of the FAA?
The firearms industry is one of the nation’s most regulated
industries. Tens of thousands of federal, state and local
laws and regulations regulate the products they manufacture,
distribute and sell.
Anti-gun groups are willing to do and say anything, even
lie, in their zeal to try to bankrupt and destroy the firearms
industry. That is why a bi-partisan majority of both houses
of Congress is sponsoring the Protection of Lawful Commerce
in Arms Act (S.659/H.R. 1036) that would stop junk lawsuits
that try to blame gun makers for the actions of criminals.
Congress is following the lead of over 30 states that have
already enacted similar laws to stop these kinds of frivolous
suits, and, importantly, like the Protection of Lawful Commerce
in Arms Act, protect the rights of truly injured plaintiffs
to have their day in court.
Passage of this common sense legislation will restore integrity
and fairness to our judicial system by eliminating junk lawsuits
that threaten to destroy America's “Arsenal for Democracy”
and eliminate thousands of manufacturing jobs. According to
a recent poll conducted by the American Tort Reform Association,
83.4% of Americans believe there are too many lawsuits in
America. Another recent poll conducted by the U.S. Chamber
of Commerce found that 69% of Americans would be more favorable
toward their Senator or Representative if they voted to reform
the way class action lawsuits are handled in the United States.
Is the Firearms Industry regulated? You
bet it is.
|