Categories
· Business (Tobacco)
· Lawsuits
· Federal
Organizations
· MO
· Doj
|
Jump to full article: Altria Group, Inc., 2003-03-28
Intro: The State Settlement Agreements have materially adversely affected the volumes of PM USA and may adversely affect future volumes. ALG believes that they may also materially adversely affect the results of operations, cash flows or financial position of PM USA and Altria Group, Inc. in future periods. The degree of the adverse impact will depend, among other things, on the rate of decline in United States cigarette sales in the premium and discount segments, PM USA’s share of the domestic premium and discount cigarette segments, and the effect of any resulting cost advantage of manufacturers not subject to the MSA and the other State Settlement Agreements.
Certain litigation, described below, has arisen challenging the validity of the MSA and alleging violations of antitrust laws.
Jump to full article » |