Repeal of the PLCAA would potentially have even more devastating impacts than new federal prohibitions on the types of firearms Americans could own. That is because it would leave to the imaginations of thousands of greedy trial lawyers and activist judges reasons for why this or that type of firearm or ammunition is “too dangerous” to be available to the American public. These suits, moreover, would undoubtedly be underwritten by any number of billionaire activists, creating a litigation war chest that no single player in the gun industry could match.
January 25, 2021
Biden Plots Sneak Attack Against U.S. Firearms Industry
[It was because of the existential threat of lawsuits that 21 years ago Smith & Wesson agreed to not manufacture firearms with a capacity of more than 10 rounds, that dealers who sold their firearms would not sell normal capacity magazines or “semi-automatic assault weapons”, restrictions on sales at guns shows, and a host of other restrictions. Gun owners spontaneous boycotted S&W and they very nearly went bankrupt from the boycott.
In 2005 the Protection of Lawful Commerce in Arms Act (PLCAA) gave manufactures and dealers some relief from the fear of being crushed by lawsuits on one side and being boycotted into bankruptcy if they flinched in their stand against the forces of evil.
Now, the forces of evil have announced they are going to strip this protection and destroy the entire firearms supply chain.—Joe]