The Daily Caller discusses the FDA regulations on electronic cigarettes with Michelle Minton.
Such an industry-wide consolidation would be disastrous for innovation, according to Michelle Minton, Fellow at the Competitive Enterprise Institute (CEI).
“With fewer companies and products to compete with each other and onerous pre-approval rules, innovation will slow to a crawl. Where once intense competition prompted vaping companies to reduce prices and introduce safety features, like heavy metal-free e-liquid and adjustable nicotine levels, the new rules will freeze the technology in time,” says Minton.
Read the full article at the Daily Caller.