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It is tempting to conclude from recent events that the tobacco industry's longtime invincibility has come to an end. The Food and Drug Administration, after nearly a century of inaction, is moving to regulate nicotine as a drug. The Justice Department is investigating whether industry executives committed perjury when they denied that tobacco is addictive. Many states have filed suits to recover medical expenditures related to smoking, and the Clinton administration is attempting to restrict sales to minors by such measures as blocking access to vending machines.
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