DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/b158b7/europes_tobacco_p) has announced the addition of the "Europe's Tobacco Players Counter Threat of Tougher Regulations With Better Pricing" report to their offering.
The attention given by the media to the total ban on tobacco advertising in the U.K. in February 2003 would seem to indicate a relatively recent tightening of the regulatory regime in this sector. In reality, this legislation represents only one of a raft of new anti-smoking restrictions currently under debate or being implemented across the EU, and affects a market that represents less than 10% of cigarette consumption in Europe. Existing and impending legislation is unlikely to affect the credit quality of the main European tobacco companies in the medium term.
Companies Mentioned:
- Philip Morris Inc.
- British American Tobacco PLC
- Imperial Tobacco Group PLC
- Gallaher Group PLC
- Japan Tobacco Inc.
- Altadis S.A.
For more information visit http://www.researchandmarkets.com/research/b158b7/europes_tobacco_p