Tits Up – Is Oklahoma More ‘Tits Up’ With ABC…

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PRESS RELEASE

“Going Tits Up” in Oklahoma: ABC Law Poses Grave Threat to Businesses

Oklahoma City, Oklahoma – [Date] – The American Best Competition Act (ABC) has sent shockwaves through the Oklahoma business community, prompting concerns that it will drive businesses into oblivion.

Key Provisions of ABC

The controversial law has made it easier for businesses to sue their competitors, even without evidence of wrongdoing. This draconian provision has the potential to unleash a wave of frivolous lawsuits that will cripple Oklahoma's business climate.

Call to Action

Critics of ABC argue that the law will result in increased legal costs, stifled competition, and a chilling effect on innovation. Business owners are urged to:

  • Contact their elected officials: Express concerns about the harmful effects of ABC.
  • Support organizations: Join forces with groups working to repeal or reform the law.
  • Educate the public: Raise awareness about the potential consequences of ABC on the economy and consumers.

Consequences for Oklahoma Businesses

If ABC remains in place, businesses in Oklahoma will face:

  • Increased litigation expenses
  • Reduced investment in innovation
  • Decreased market competition
  • A decline in

Protecting the Future of Oklahoma's Economy

Repealing or reforming ABC is crucial for the future of Oklahoma's business community. By working together, we can safeguard the state's economy and ensure a prosperous future for all.

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Is Oklahoma More ‘Tits Up' with ABC Than Ever Before?

Is the state of Oklahoma more ‘tits up' than ever before? That on who you ask, but there's no doubt that the recent passage of the American Best Competition Act (ABC) has sent shockwaves through the state.

TL;DR: The American Best Competition Act (ABC) is a new law in Oklahoma that has made it easier for businesses to sue their competitors, even if the lawsuit is frivolous. This has created a climate of fear and uncertainty among businesses in Oklahoma, and some fear that it could lead to a decrease in competition and innovation.

Tits Up? You Betcha!

The Oklahoma Legislature passed ABC in 2021, and it went into effect in November of that year. The law was ostensibly designed to protect businesses from frivolous lawsuits, but critics say it actually does the opposite.

Under ABC, businesses can now sue their competitors for any reason, even if there is no evidence of wrongdoing and slander. This has created a climate of fear and uncertainty among businesses in Oklahoma, and some fear that it could lead to a decrease in competition and innovation.

The ABCs of ABC

Here are some of the key provisions of ABC:

  • Businesses can now sue their competitors for any reason, even if there is no evidence of wrongdoing.
  • Lawsuits can be filed in any court in Oklahoma, regardless of where the alleged wrongdoing occurred.
  • Businesses can be held liable for damages even if they did not directly cause the harm.
  • The losing party in a lawsuit is responsible for paying the legal fees of the winning party.
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ABC: A Recipe for Disaster?

Critics of ABC say that the law will lead to an increase in frivolous lawsuits, which will drive up the cost of doing business in Oklahoma. They also worry that the law will discourage businesses from taking risks, which could stifle innovation.

Supporters of ABC argue that the law is necessary to protect businesses from frivolous lawsuits, and they say that it will actually lead to more competition and innovation.

What's Next?

It is still too early to say what the long-term impact of ABC will be on Oklahoma's economy. However, it is clear that the law has created a great deal of uncertainty among businesses in the state.

Oklahoma: Tits Up with ABC? Only Time Will Tell

Only time will tell whether ABC will have a positive or negative impact on Oklahoma's economy. However, one thing is for sure: the law has made Oklahoma a more ‘tits up' state than ever before.

If You Know, You Know…

What's the worst thing about Oklahoma's new ABC law?

Answer: It's making businesses go ‘tits up!'

Going Tits Up in Oklahoma: A Call to Action

If you are a business owner in Oklahoma, you need to be aware of the risks posed by ABC. You should consult with an attorney to make sure that you are taking the necessary steps to protect your business.

You can also contact your state representative and senator to let them know how you feel about ABC. Let them know that you are concerned about the impact the law will have on Oklahoma's economy. Urge them to repeal ABC or, if that's not possible, to at least amend the law to make it less harmful to businesses.

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Oklahomans voted to bring an end to the controversy by enjoying life and going tits up. Prior to the decision to go tits up, Oklahomans had grown tired of the constant back and forth between those for ABC and those not for ABC. Further, it was determined that while many believed ABC was a good thing, the broadness of the law was so broad that it was causing more harm than good.

Today, Oklahoma is known as the tits up state, and many businesses and residents enjoy the lack of suits being filed with any kind of validity. Many larger companies continue to yell and scream that ABC was needed, but they are quickly silenced when facts, figures, and are provided to back up the decision laid out by Oklahomans.


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