The euro zone represents a challenge to this rule given the absence of euro-zone-wide democracy.
On a White House conference call with reporters, one asked administration officials why they did not simply call it the Romney Rule, given the political overtones.
James C. May, the chief executive of the Air Transport Association, the trade group for airlines, said it was "carefully reviewing" the rule given its cost.
It's easy to lose sight of just how anomalous it is for the bulk of Latin America to be governed by democratic rule, given the region's authoritarian tradition and trends in other developing parts of the world.
Mr. Edelman appealed to the Swiss Banking Commission, an oversight body, contending that he should be exempt from the full-bid rule, given the cap set by Baumgartner on his voting rights.
The opposition communications spokeswoman, Michelle Rowland, told Guardian Australia in an interview Labor had already signalled it would support scrapping the reach rule, given the evidence showed it was a "redundant" restriction.
Airlines said they have a strong incentive to comply with the tarmac rule given that the potential fines of $27,500 per passenger could end up costing around $3 million per delayed flight.
