Tobacco regulations unfolding in Philip Morris’ favor
As President Obama and a credulous media continue to portray the administration’s economy-wide push for more regulation as a frontal attack on industry giants, the current wrangling over tobacco regulation shows how the opposite is true: Heightened government regulation tends to put big business in the driver’s seat, at the expense of the little guys. When Obama last June signed the Family Smoking Prevention and Tobacco Control Act, he declared, “Today, despite decades of lobbying and advertising by the tobacco industry, we’ve passed a law to help protect the next generation of Americans.” Sen
What’s in a Cigarette? FDA to Study Ingredients
The Food and Drug Administration is working to lift the smokescreen clouding the ingredients used in cigarettes and other tobacco products. In June, tobacco companies must tell the FDA their formulas for the first time, just as drugmakers have for decades
