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Philip Morris Gets Its Tobacco Bill by Jonathan H. Adler on National Review Online
Government regulation is the most tried-and-true way for incumbent firms to squelch smaller competitors, which helps explain why Philip Morris supports the bill and smaller tobacco companies oppose it. Harder to fathom is why public-health advocates who should know better celebrate the law as a major advance.
The Family Smoking Prevention and tobacco Control Act is revealed as yet another Beltway deal for Big Government and Big Business. Those who proclaim it a victory for public health and the public good are blowing smoke.
Philip Morris Gets Its Tobacco Bill by Jonathan H. Adler on National Review Online