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Regulatory Uncertainty and Investment: Evidence from Antitrust Enforcement. Cato Journal 20
The European TPD (Tobacco Product Directive) standard requires, among other things, that only high purity and quality ingredients be used, with a maximum of 20 mg/ml of nicotine and, above all, that they do not contain substances such as vitamins, colourants, diacetyl, taurine and, indeed, caffeine
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, as do searching examinations of corporate power and shrewd discussions of culture and style. David Roediger, author of How Race Survived US History Alongside the nation-state, the multinational corporation is one of the most powerful agents in modern history, yet our understanding of it is too often limited by heroic narratives of individual innovation or stunted accounts of businessmen and bureaucrats