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The global share of people who smoke has kept falling in the 21st century, from 34% in 2000 to 23% in 2020

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The news gets even better for young people, who are giving up, or not smoking, in large numbers

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While there would be financial harm to smokers from a merger that raised prices, they would be healthier if not wealthier. If the combined entity achieves lower production costs or engages in more effective selling, it will increase not just profits but also tobacco use, which would be bad for health. In order to mitigate those effects, Pauly suggests that antitrust regulators could require Reynolds-Lorillard to undertake public health programs, such as anti-smoking campaigns for young people, as part of a deal to approve the merger