Has active agents, namely tobacco companies, that push against interventions in this space
I wonder if that’s so bad: considering we are playing a zero-sum game against this companies, each $ we make them spend to defend themselves against public policies will impact the price of their product—and, given price-elasticity, will deter consumption.
I wonder if that’s so bad: considering we are playing a zero-sum game against this companies, each $ we make them spend to defend themselves against public policies will impact the price of their product—and, given price-elasticity, will deter consumption.
I’d expect some effect from that, but probably orders of magnitude smaller than the effect of increasing prices via taxation.