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Michael Bloomberg launches $160M initiative to ban flavored e-cigarettes -Axios close icon Mobile toggle main menu Axios Mobile toggle complementary sections Search Share on Facebook Share on Twitter Share on LinkedIn Copy permalink to your clipboard

Billionaire and former New York City mayor Michael Bloomberg's philanthropic arm announced plans on Tuesday to spend $160 million over 3 years in an attempt to ban flavored e-cigarettes in the U.S., saying tobacco companies "are preying on America's youth."