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For example, in Yunnan Province, tobacco is the largest industry, with tobacco taxes supplying one half of its local government revenue. [57] Other provinces like Guizhou, Henan, and Sichuan, also rely heavily on revenue from tobacco production. [57] The Chinese government has implemented some tobacco control measures.
Ilocos Norte was one of the provinces Spanish colonial Governor-General, José Basco y Vargas placed under the Tobacco monopoly on 1 March 1782. [6] The policy, which effectively forced farmers in Cagayan Valley, the Ilocos provinces, Nueva Ecija and Marinduque to produce only tobacco in order to meet government quotas, [7] stayed in place until 1882. [8]
American Tobacco Company, 221 U.S. 106 (1911) found to have monopolized the trade. American Tobacco Co. v. United States, 328 U.S. 781 (1946) after American Tobacco Co was broken up, the four entities were found to have achieved a collectively dominant position, which still amounted to monopolization of the market contrary to the Sherman Act §2
In economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.
China Tobacco enjoys a legal monopoly in the country, [2] accounting for 96% of cigarette sales in the country, and is the world's largest manufacturer of tobacco products measured by revenues. It exports a small proportion of its production, mostly to Asian markets.
The government also extended military support to Alfonso Lim, with one of his companies enlisting 150 soldiers and 50 security guards. The Philippine Military trained draftees, and Lim paid for their salaries and provided their weapons. [2] Herminio Disini, a Marcos crony known for his tobacco monopoly, also had dealings with agriculture and ...
The tobacco industry comprises those persons and companies who are engaged in the growth, preparation for sale, shipment, advertisement, and distribution of tobacco and tobacco-related products. [1] It is a global industry; tobacco can grow in any warm, moist environment, which means it can be farmed on all continents except Antarctica .
The tobacco monopoly made the colony self-sustaining and profit-earning. [10] In 1808, the government realized a net profit of P500,000.00. These profits increased in subsequent years, reaching $3,000,000 in 1881. As a consequence of the monopoly, the Philippines became the biggest tobacco-producing country in Asia.