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Running Faster: Addressing Legal and Regulatory Hurdles
The chapter discusses the need for Congress to focus on addressing legal and regulatory hurdles that slow down American firms in the technology industry rather than tripping up the competition. It also highlights the slow decision-making processes in the United States and uses an example of permitting issues delaying the construction of a neighborhood pool. Additionally, it mentions China's dominance in the global auto export market and the lack of affordable and simple vehicles in the US due to regulatory differences.