BAT

BAT ceases agreements after ICCC concern

This follows concerns raised by the independent Consumer and Competition Commission (ICCC).

In a statement the ICCC said BAT voluntarily ceased enforcing exclusive clauses in its existing Formal Retail Agreement, Non-Direct Wholesale Agreement and Wholesale Vendor Agreement.

This comes after the Commission raised competition concerns on how these exclusivity clauses were administered.

The three agreements between BAT and its sellers and distributors aimed to eliminate or minimize the importation and sale of illicit tobacco products in PNG.