If there are three brain cells in the decision-making part of any company, they’ll realize that the government overstepped or misworded their authority, but also that it’s going to come back in an altered form.
No major company is going to say “oh, plastic bags are good again. Let’s do that.” It’s not altruism, it’s just economics - they KNOW that they’ll get burnt on that road.
So aside from fuckwits like Smith and Ford, nobody is going to pay any attention to this declaration.