The FDA Tobacco Regulation Bill = Monopoly

The Wall Street Journal has an editorial today against the FDA tobacco regulation bill.  It argues that the bill contradicts the government’s own lawsuit against the tobacco industry, even as it undermines competition in the tobacco industry by giving Big Tobacco “protections against smaller competitors.”  Lobbyists have gotten rich pushing the bill.  We previously discussed how FDA regulation of the tobacco industry could backfire against public health here, here, and here.