Cigarette prices in Ireland could fall if, as expected, the European Commission wins its challenge against the Irish government this week. The commission has questioned Ireland’s right to set minimum prices for cigarettes and other tobacco products.
The EU’s 1995 Manufactured Tobacco Tax Directive permits importers and manufacturers of tobacco products to set maximum prices for their products. But Ireland’s 1986 Tobacco Products (Control of Advertising, Sponsorship and Sales Promotion) (No 2)Regulations prohibit...
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