Illicit Market Continues to Grow in the EU, Largely Driven by Counterfeits in France, According to N

In 2021, an estimated 1.3 billion more illicit cigarettes were consumed in the European Union, reaching 8.1% of total consumption in the region. LAUSANNE, SWITZERLAND--(Business Wire / Korea Newswire) June 23, 2022 -- Philip Morris International Inc.

(PMI) (NYSE: PM) is calling for European regulators and policymakers to consider the millions of adult smokers who are turning to the illicit market instead of switching to better alternatives. The 2021 KPMG annual study on illicit cigarette consump...