Battling Corporate Greed

Published on

Sacramento Bee


Sen. Gloria Romero, D-Los Angeles, and the Santa Monica-based Foundation for Taxpayer and Consumer Rights no doubt are hoping that newspaper opinion pages support their “Corporate Three Strikes Act.”

And they probably have a good shot at it, at least in their hometown market.

SB 335 would enact a “three-strikes” law for corporations convicted of certain felonies, including those involving fraud, civil rights, antitrust and environmental protection.

A third strike within 10 years would bring a prohibition from doing business in the state. But the first two strikes would trigger a requirement that the company detail its transgressions in a full-page advertisement “in the largest newspaper of general circulation in California.”

That would be the Los Angeles Times, no way around it.

No word yet whether Sacramento-area lawmakers will push for adding “the largest newspaper of general circulation in the capital of California.”

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The author can be reached at (916) 321-5249 or [email protected]

Consumer Watchdog
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