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The Tobacco Master Settlement Agreement (MSA) was entered on November 23, 1998, originally between the four largest United States tobacco companies (Philip Morris Inc., R. J. Reynolds, Brown & Williamson and Lorillard – the "original participating manufacturers", referred to as the "Majors") and the attorneys general of 46 states.
[2] [3] The MSA effectively settled the outstanding lawsuits by requiring yearly payments by the tobacco companies to the states and placing restrictions on the advertising and marketing of tobacco products. [4] As part of the Master Settlement Agreement, the U.S. tobacco companies were ordered to release the internal documents produced for the ...
The tobacco industry playbook, tobacco strategy or simply disinformation playbook[1] describes a strategy devised by the tobacco industry in the 1950s to protect revenues in the face of mounting evidence of links between tobacco smoke and serious illnesses, primarily cancer. [2] Much of the playbook is known from industry documents made public ...
Truth Initiative was founded in 1999 as a result of the Tobacco Master Settlement Agreement (MSA). The MSA was announced in 1998, resolving the lawsuits brought by 46 U.S. states, the District of Columbia and five territories against the major U.S. cigarette companies, to recover state Medicaid and other costs from caring for sick smokers.
In 1998, a master settlement, known as the Tobacco Master Settlement Agreement, was reached between American tobacco companies and a number of American state attorneys general. This agreement required the tobacco industry to disband the CIAR, as well as the Council for Tobacco Research.
Truth (stylized as truth) is an American public-relations campaign aimed at reducing teen smoking in the United States.It is conducted by the Truth Initiative (formerly called the American Legacy Foundation until 2015) and funded primarily by money obtained from the tobacco industry under the terms of the 1998 Master Settlement Agreement reached between 46 U.S. states and the four largest ...
By 2014, tobacco bonds made up $94 billion of the $3.7 trillion municipal bond market. They share a revenue stream from the Tobacco Master Settlement Agreement , a 1998 national settlement in which Philip Morris , Lorillard and Reynolds American agreed to make annual payments to states in perpetuity to resolve liabilities for health-care costs ...
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