tobacco master settlement agreement

英汉例句

The company argued that the Master Settlement Agreement between tobacco companies and states is more expensive for new entrants to the industry.
這家公司爭論說，對於新進入菸草業的公司來說，菸草公司和各州之間的大和解協議更加昂貴。

But that was long before Hanes began moving much of its production offshore, and before the Tobacco Master Settlement Agreement (under which the tobacco companies agreed in 1998 to pay hundreds of billions of dollars in damages for harming people's health), the leveraged buy-out of RJR by a private-equity firm, the elimination of federal farm price support for tobacco and decades of anti-smoking advertising.
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The organization is battling persistent, if thus far unsuccessful, legal attacks on the Master Settlement Agreement by smaller tobacco companies, who say it is an anticompetitive scheme that allowed the big manufacturers to raise prices indiscriminately.
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The Master Settlement Agreement is a masterpiece of lawyerly tinkering with market economics, giving tobacco giants like Philip Morris protection from competition by requiring smaller companies to maintain their market share or face oppressive increases in their payments to the states.
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