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England to vote on cigarette pack branding ban

Mar. 11, 2015 5:41 AM ETLorillard, Inc. (LO) StockBTI, MO, RAI, IMBBY, VGR, PM, LOBy: Yoel Minkoff, SA News Editor24 Comments
  • Lawmakers in the lower house of Britain's parliament are expected to vote to ban branding on cigarette packs by a large margin later today, in a move that would force tobacco firms to adopt plain packets in England by 2016.
  • The measure, which was passed in Australia two years ago, has manufacturers' worried, as it will likely crimp profits and may spread to additional countries.
  • The tobacco industry has fiercely resisted the new law, arguing that the plain packs infringe on intellectual property rights.
  • Previously: England looks to ban branding on cigarette packs (Jan. 22 2015)
  • Related stocks: LO, PM, MO, VGR, RAI, ITYBY, BTI

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