ASSOCIATED PRESS: Two of the country’s wealthiest men create Anti-Tobacco Trade Litigation Fund.
ASSOCIATED PRESS: Two of the country’s wealthiest men create Anti-Tobacco Trade Litigation Fund.
In recent years countries including Uruguay and Australia have been engaged in legal battles with tobacco companies over laws requiring graphic health warning labels or standard packaging for cigarettes without logos. The companies claim the tobacco-control policies violate international trade agreements and World Trade Organization rules. Bloomberg said the fund will assist smaller, developing countries that often don’t have the resources to compete with tobacco companies.
“We think most of these countries will win these battles but they have to be able to afford some lawyers that have experience in litigating to win,” Bloomberg said in a conference call with reporters.
