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KMID : 1011120160100010157
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Bioethics Policy Studies
2016 Volume.10 No. 1 p.157 ~ p.172
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Big E-Tobacco: Regulatory Action without Clear Benefits
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Kim Jonathan J.
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Abstract
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The U.S. e-cigarette industry has experienced rapid growth within the past few years, with some analysts estimating total sales in the range of $3 to $4 billion dollars in 2015. This growth has largely been attributed to the absence of both state and federal regulations. The Food and Drug Administration is now preparing to finalize its long-awaited “deeming regulation” that will categorize these products as regulated tobacco products, causing uncertainty for various stakeholders in the industry. However, there is little scholarship analyzing the proposed FDA regulatory implications on public health, the economy, and innovation. The purpose of this note is to advocate how these products can help millions live healthier lifestyles, create more jobs, and incentivize entrepreneurs to create better, safer products. In doing so, this note takes the position that the current FDA regulations on the e-cigarette industry create more consequences than benefits to society, and that the regulations should be mindful of the policy implications on the economy, public health, and innovation.
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KEYWORD
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Electronic Cigarette, E-Cigarette, Vapor, FDA, E-Cig, Vape, Tobacco
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