California passed a bill into law that requires pharmaceutical companies to give a 60-day notice if list prices of drugs are raised more than 16 percent in a two-year period. "We need answers for the child who needs an EpiPen, the hepatitis C patient who needs Sovaldi, and the AIDS patient who needs Daraprim," said Democratic State Assemblyman David Chiu who supported the bill. Trade group Biotechnology Innovation Association, one of the groups that are suing Nevada over a similar measure in that state regarding insulin prices, said in a statement that the law will jeopardize the future of biopharmaceutical innovation, slow down research and development that is required for new drugs, and drive some drug companies out of business, which will eventually hurt patients who need continuous development of new drugs. Which ethical perspective best reflects the trade group's critique of the bill?\ Objectivism\ Libertarianism\ Consequentialism\ Agency theory\ Nozick's rights theory

California passed a bill into law that requires pharmaceutical companies to give a 60-day notice if list prices of drugs are raised more than 16 percent in a two-year period. "We need answers for the child who needs an EpiPen, the hepatitis C patient who needs Sovaldi, and the AIDS patient who needs Daraprim," said Democratic State Assemblyman David Chiu who supported the bill. Trade group Biotechnology Innovation Association, one of the groups that are suing Nevada over a similar measure in that state regarding insulin prices, said in a statement that the law will jeopardize the future of biopharmaceutical innovation, slow down research and development that is required for new drugs, and drive some drug companies out of business, which will eventually hurt patients who need continuous development of new drugs. Which ethical perspective best reflects the trade group's critique of the bill? Objectivism Libertarianism Consequentialism Agency theory Nozick's rights theory