The private employee law will take effect as contracts expire or are extended.

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Last year's mining law in effect expropriated ownership of land from private miners.

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Eager to counter Republican criticism of the law, the White House's upbeat assessment of the effect of the law comes four months before consumers can begin shopping for subsidized private insurance in new state markets.

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Thus, the law limiting foreign ownership of the Argentine media had no effect on the company's private debt restructuring.

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