A week ago, the Supreme Court, ruling in two cases — Relentless v. Department of Commerce and Loper Bright Enterprises v. Raimondo — struck down the Chevron deference. It represents a likely tidal wave of regulatory change.

Many people in business may be excited because they perceive this as a reduction of administrative regulation. It might be in some cases. However, it may open doors to bigger problems for corporations.

The Chevron deference came from the 1984 case, Chevron U.S.A., Inc. v. Natural Resources Defense Council, Inc. It was "one of the most important principles in administrative law for 40 years," as the Legal Information Institute of the Cornell Law School put it. Sometimes when Congress writes laws, there may be confusion in the structure of language. The Supreme Court set a test such that when an agency had administrative purview over an area of regulation and interpreted ambiguous language in a reasonable way, the court would give deference to the agency.