Product Liability
Oct. 19, 1999
Policy Should Not Be Made by Litigation or Regulation
By Doug Bandow The federal government is now following the states in seeking to extort billions from the tobacco industry. Cigarette companies aren't the only targets: Gun makers are currently seeking to settle a pack of municipal lawsuits, and alcohol producers, too, could find themselves in lawyers' legal sights. Yet a new Federal Trade Commission report concludes that when it comes to advertising, at least, self-regulation is the best means of addressing the problem of alcohol abuse.
The federal government is now following the states in seeking to extort billions from the tobacco industry. Cigarette companies aren't the only targets: Gun makers are currently seeking to settle a pack of municipal lawsuits, and alcohol producers, too, could find themselves in lawyers' legal sights. Yet a new...
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