Big Tobacco Wants Texas To Tax Smaller Competitors

Law360, Houston (August 15, 2012, 10:49 PM EDT) -- Representatives for several large tobacco companies on Tuesday told Texas lawmakers that a settlement with the state is giving smaller manufacturers an unfair competitive advantage, arguing that the state should impose a fee on those companies to level the playing field.

Testifying before members of the Texas House Ways and Means Committee, attorneys and other advocates for Lorillard Tobacco Co., R.J. Reynolds Tobacco Co. and Philip Morris USA Inc., among others, said the settlement forces them to charge about 50 cents per pack more than competitors...
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