Market Report, "Cigarettes in Colombia", Published
The serious problem of illicit trade continued to grow for cigarette manufacturers in Colombia in 2012. After Colombia appeared to be very successful in reducing illicit trade in cigarettes in 2009, it returned strongly in 2011 and 2012. A number of factors were responsible for this. Authorities claim that the growth in illicit trade coincides with important changes in the regulatory environment such as the ban on cigarette marketing (which makes unknown brands more acceptable) and the ban on...
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