A subsidiary of Philip Morris (PM +1.5%) files a lawsuit in Australia to challenge legislation...

|About: Philip Morris Internation... (PM)|By:, SA News Editor

A subsidiary of Philip Morris (PM +1.5%) files a lawsuit in Australia to challenge legislation banning corporate logos and brand images on cigarette packages. The seller of Marlboro and other U.S. brands abroad claims the Aussie government hasn't shown that plain dark-brown packages reduce smoking rates.