But does it worry you at all having an unregulated product? Not having quality standards does scare me because I want to make sure I'm getting the highest quality eliquid.
In my opinion............in theory, a product regulated by the market is the best solution but it is just a theory any more. We, as a collective people buy and want the cheapest thing we can buy 9 times out of 10. This means that the market is then dictated by price, not quality. There are some of us who will pay more for a real product or what we perceive to be the better quality but I would tell you that it a minority..........regardless of what anyone says.
People were working in just awful conditions to manufacture iPhones and they felt bad for those people but there would be riots in the streets if they made a better quality product in the USA but it would raise the price of the iPhone by 100%. The company with the cheapest price wins and just because a company buys in bulk doesn't mean they will be the victor. This means that in a capitalist society; the company who can come up with the cheapest price by making cheaper products through less quality, less workers, less testing, etc wins.
You know what I really wish when I read posts like this................that e-cig manufacturers and retailers saw the writing on the wall back in 2009 and took a more active approach in setting their own quality standards and lobbying the government to keep their companies in business for the long term instead of what I assume most did, just rake in the profits and ride the wave while they could.
Having said all that, government intervention rarely solves a problem. Whoever has their hands deepest in the politician's pocket wins.......they don't care about you or your health.
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