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Resource ID: #18056
Subject: Tobacco
Source: Wall Street Journal (New York)
Affiliation: 
Date: 1-May

Description

This Wall Street Journal story looks at the proliferation of small makers of low-price cigarettes, while large tobacco companies experience times of trouble. The story reveals that "some cut-rate smokes are selling for as little as $1 a pack, compared with an average retail price of more than $3 fro big-name brands." The analysis finds that the "rise of small manufacturers means big companies pay less to the states." The reporter points out that the low-price producers decline to sign the national tobacco settlement and complain that it unfairly penalizes them, while in the meantime their market share is increasing.

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