A state rule to label GMO foods will raise the costs nationwide. The Vermont law, which becomes effective July 1, would require labels on all genetically modified foods produced or sold within the state. The organic legislators of Vermont will soon mandate deceptive and costly food labels that would harm consumers across the U.S. Consumers will pay through higher grocery bills. No brand could label only what sells in Vermont, lest an illicit bag of Cheetos cross the New Hampshire border and incur a $1,000 a day fine. This is a great example of legislative and regulatory change.
This is a great example of an enterprise risk.
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