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On June 20, 1997, American tobacco companies paid compensation to smokers
Twenty-eight years ago today, June 20, 1997 (May 16, 1997 in the lunar calendar), American Tobacco Company paid compensation to smokers. On June 20, 1997, representatives of the American Tobacco Company, Mississippi Attorney General Moore and barristers from 40 states reached an agreement at the Hyatt Garden Hotel in Washington, D.C., that the American Tobacco Company would compensate people infected by smoking for 310 billion US dollars over the next 25 years; in exchange, the tobacco company would be exempted from criminal liability. Observers say that $386.5 billion is a lot of money for tobacco companies, but they don't have to raise prices a little bit per pack; in addition, American tobacco companies transfer this loss to third world countries. At present, in developing countries, especially Asia including China, American tobacco companies have increased their publicity and investment. The company led by Marlboro boldly uses local images to advertise is a proof.


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17WorldNews[2025.09.27-13:47] 访问:85
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