No, the reason fluoridation in water is widespread is because fluoride is produced far more than there is market to sell it otherwise.
Sounds to me like municipalities are able and willing to use it because it’s cheap.
It’s cheap because it’s industrial waste that has significant cleanup and disposal costs. It was sold to municipalities after there was “research” that it helped tooth health, which it can in much higher concentrations than is in any water supply. But the reason it’s added to water is because the companies that otherwise would have to pay for clean up now make money off the waste product and can afford kickback funds.
By that reasoning, we should start putting all of our waste products in our water supply - since we weren’t able to sell them otherwise.
… Or perhaps there are other reasons to consider?