An FTC analysis of a proposed (and languishing) public-health settlement sees something beyond the US$368 billion promised 40 states: a cost to the tobacco companies of only 55 percent of that called for in the settlement, and a $123 billion windfall for the industry arising from anticipated cigarette price increases. An industry spokesman said the analysis was "highly speculative and misses the point."
Tobacco Pact Analyzed
An FTC analysis of a proposed (and languishing) public-health settlement sees something beyond the US$368 billion promised 40 states: a cost to the tobacco companies of only 55 percent of that called for in the settlement, and a $123 billion windfall for the industry arising from anticipated cigarette price increases. An industry spokesman said the analysis was "highly speculative and misses the point."