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WASHINGTON — After years of playing offense, big business is getting ready for the less familiar role of playing defense following President-elect Barack Obama's victory and legislative gains by other Democrats.
Corporate America enjoyed favorable treatment under the Bush administration for almost eight years and for most of the era of Republican control of Congress from 1995 to 2007.
Now unions may gain a stronger hand, and business is bracing for greater financial regulation, worker-friendly policies and an emphasis on social spending.