BR-Health

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Big tobacco is essentially a derogatory term that has come to refer to the mighty dollar tobacco industry. Since the revelations and admittance of the 90s by the industry that tobacco is harmful to health, there has been outright war by governments and the United nations against tobacco companies. The determination on the anti-tobacco campaign worldwide has been to see tobacco companies close shop to stop the carnage caused by tobacco use especially amongst the younger generation. In all this the industry has not been sleeping, it has also been devising ways and means to get ahead and at least maintain its market but at best continue to grow it. The following are some key highlights worth mentioning about what the industry has been up to.

A new type of growth through acquisitions

The new strategy used by the tobacco industry is to grow by acquiring smaller tobacco companies especially …