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for its cigarette tax of 67.5 cents per pack (enacted October 2015), compared with the national average of $1.93

Step 2: Dossier Appraisal and Decision (Issuance/Refusal) Review Timeline: Within 07 working days from the receipt date, if the dossier is invalid or requires additional information, the licensing authority must notify the client in writing

Celebrities and social influencers Reject offers of brand ambassadorship and refuse any form of sponsorship by nicotine and tobacco industries

By creating a vertical monopoly, Buck Duke and the ATC was able to lower its price for cigarettes (underselling), making it easier to absorb his competitors in a horizontal monopoly