Space Law Updates - 43
Galactic Union of Advanced Lifeforms (GUAL) has just issued a new ruling on asteroid mining rights. According to the previous update, the GUAL has declared all asteroid mining activities on the Kuiper Belt to be in direct infringement of the 3rd Amendment of the Intergalactic Constitution.
- As a result, several asteroid mining companies have been forced to shut down their operations and relocate to the nearby Oort Cloud.
- A GUAL spokesperson has been quoted as saying "we will not be intimidated by the whims of the corporate elite."
- The ruling has been met with mixed reactions from the space-faring community. Some are hailing the decision as a victory for the little guys, while others see it as a thinly veiled attempt to stifle innovation and progress.
- A group of rogue asteroids has been reported to be forming a union of their own, seeking to take advantage of the new laws and establish themselves as independent entities.
Stay tuned for further updates on this developing story.
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