More than a decade after British American Tobacco bought a roughly 42% stake in tobacco biggie R.J. Reynolds American, the London-based company is back for the rest, offering $47 billion to create the world’s largest tobacco company. [More]
lorillard
Judge Rips Big Tobacco For “Ridiculous… Waste Of Precious Time” In Drafting Warning Ads
By 2.9.16
Seventeen years after federal prosecutors sued the tobacco industry, a full decade after a court ruled that Big Tobacco’s biggest players had maintained an illegal racketeering enterprise in violation of the Racketeer Influenced and Corrupt Organization [RICO] Act, and nearly seven years since they lost their appeal in that case, these companies are still dragging their feet creating the public warning ads they were ordered to make many, many years ago. The judge who has had to preside over this drawn-out ordeal has had enough. [More]
FDA Regulation Of E-Cigarettes Would Only Help Big Tobacco, Say Vaping Startups
By 8.10.15
If you go into a convenience store to buy cigarettes, you might have a wide variety of smokes to choose from, but most of those brands are made by three or four huge tobacco companies. But if you’re one of the growing number of consumers who choose vaping over traditional cigarettes, there are seemingly countless small companies willing to sell you liquid nicotine. Some of those startups say that pending FDA regulation of e-cigarettes could put them out of business, leaving only big tobacco. [More]
Regulators Settle Charges That Reynolds, Lorillard Merger Would Be Anticompetitive
By 7.31.15
A year after the No. 2 and No. 3 cigarette brands in the country first announced they were planning to go all-in on a $27.4 billion merger, regulators have approved an order settling charges that the deal would be anticompetitive for the U.S. cigarette market, paving the way for the merger to move forward. [More]
Reynolds, Lorillard Must Sell Salem, Kool, Maverick & Winston Brands To Gain Approval Of $27.4B Mega-Cigarette Merger
By 5.27.15
You may recall that last July the No. 2 and No. 3 cigarette brands in the country announced they were planning to go all in on a $27.4 billion merger. This week the two companies received the blessing from federal regulators, as long as they divest four cigarette brands to a UK-based company. [More]
Tobacco Companies Sue FDA Over Cigarette Packaging Guidelines
By 4.14.15
For more than 5 years, the FDA has had authority to regulate tobacco products, and last month, the agency issued guidance to the tobacco industry about when cigarette makers must seek FDA approval on changes to packaging. The country’s largest tobacco businesses now believe the FDA is overstepping its authority and violates their rights to free expression. [More]
Proposed $27.4B Marriage Between Camel And Newport Cigarette Makers Worries Health Advocates
By 7.15.14
A $27.4 billion merger between the No. 2 and No. 3 cigarette companies in the United States might might cut down the number of players on the tobacco industry playing field, but it’s also cause for concern for health advocates. [More]
FDA Okays Two New Cigarettes Because They Are Just As Harmful As What’s Already Available
By 6.25.13
The Family Smoking Prevention and Tobacco Control Act of 2009 gave the Food and Drug Administration the authority to regulate tobacco products. Since then, no new tobacco products have been released on the U.S. market, but that’s about to change with the FDA giving the green light to a pair of new cigarette offerings that the agency says are no better or worse for you than what’s already legally available. [More]
