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Sales of electronic cigarettes hit $6bn in 2015, and the market is expected to grow exponentially over the next decade, reaching a value of over $50bn by 2025.

According to a March 2019 article in JAMA , a 1% decrease in the smoking prevalence would = $2.5 billion in savings in the Medicaid program

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Source: IBISWorld Pty Ltd Agreements between cigarette manufacturers Although fair competition is in principle required for any commercial activity, the tobacco sector is distinguished by a strong tendency towards collusion and collaboration between the main players

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