ELI5: Explain Like I'm 5

Regulator shopping

Regulator shopping is when a company looks for the government body (regulator) with the weakest rules that it can follow, so it can take advantage of them. For example, if one town has a law that says buildings must only be 3 stories tall, and another town has a law that says buildings must only be 1 story tall, a company might choose to build in the second town because it can make buildings higher than it could in the first town.