I have nothing of substance to add, but that term moral hazard is not being used as intended. it's a term used to describe when you spend someone else's money it actually doesnt have to do with morals.
replyThat is only within the context of economics. Outside of that it is fine to use the common literal meaning. Professions don't get to dictate that their jargon is used by the rest of us, even if they coin the phrase.
replyThanks, I’ll make sure to use the phrase correctly in the future
replyIf they didn't sue they wouldn't be doing their jobs. Coca Cola for example has had 39grams of sugar per 12ounces since the 50s. Now almost 80 years later it's suddenly excessive?
replyThanks for explaining what the lawsuits were about. I'm not sure how I feel about the actual case or even how effective I think black octagons will be. Apparently they were first done in Chile and had little to no long term effect [1]
replyMy assumption that the suits were just was because the article obviously wants you to come away with a very specific conclusion, for example there is a sibling comment that seems to think these cases are about US companies. When reading clearly biased but polished, sources my default is to assume any facts they prominently leave out they did so on purpose.