[star]The American Mind[star]

July 26, 2002

Philip Morris actually supports FDA

Philip Morris actually supports FDA regulation of cigarettes. In the past, PM has spent millions of dollars to stop any regulation of their products. Why the change? PM wants to develop a "safe" cigarette and FDA approval would help. Also, FDA regulation would lock in PM's dominant market share. Here's a case of a company trying to use government force to lock in perpetual profits. Now, if that isn't corporate corruption, then what is? It may not be illegal, but it certainly is immoral to the values of a free market.

"Smoke Screen"

Posted by Sean Hackbarth in at 02:24 AM | Comments (0)