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Corporate Accountability International
Shareholders Demand Philip Morris USA Stop Interfering in Health Policy
June 14th, 2008
At today's Altria (Philip Morris USA) annual meeting, shareholders demanded that the corporation stop lobbying against public health and tobacco control measures. America's largest tobacco corporation is opposing the Smuggled Tobacco Prevention (STOP) Act recently introduced in the U.S. House of Representatives (H.R. 5689), which contains new and stronger requirements on labeling, tracking and reporting by the tobacco industry. This is the corporation's first annual meeting since it spun off its international tobacco business in March. PM USA executives are predicting that the split will reverse the revenue and operating profits decline of the last seven years. ...
Source: Law & Health Weekly (2008-06-14)
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