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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.
United States v. American Tobacco Company, 221 U.S. 106 (1911), was a decision by the United States Supreme Court, which held that the combination in this case is one in restraint of trade and an attempt to monopolize the business of tobacco in interstate commerce within the prohibitions of the Sherman Antitrust Act of 1890.
In 1992, president Corazon Aquino signed Republic Act No. 7171 which created a tobacco fund, drawing from 15% of excise taxes from locally manufactured Virginia-type cigarettes in order to support tobacco farmers who are “the nucleus of an industry which generates a sizeable income.” [9] This was further enhanced by president Fidel V. Ramos in 1996 with Republic Act No. 8240, which ...
The Family Smoking Prevention and Tobacco Control Act, (Pub. L. 111–31 (text), H.R. 1256) is a federal statute in the United States that was signed into law by President Barack Obama on June 22, 2009. The Act gives the Food and Drug Administration the power to regulate the tobacco industry. A signature element of the law imposes new warnings ...
The Supreme Court on Monday announced that it would not decide the issues raised in seven tobacco-related appeals, five of which were filed by the industry, one by the federal government and one ...
Tobacco Advertising and Marketing: As the tobacco industry grew, so did advertising and marketing efforts. Tobacco companies used various promotional strategies to attract consumers and create brand loyalty. [28] Regulation and Taxation: Governments started imposing taxes on tobacco products, generating significant revenue for state coffers. [29]
The University of California, San Francisco (UCSF) Truth Tobacco Industry Documents (formerly known as Legacy Tobacco Documents Library) is a digital archive of tobacco industry documents, funded by Truth Initiative and created and maintained by the University of California, San Francisco.
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.