U.S. cigarette manufacturers have the market power to pass through very substantial cost increases to consumers in the form of higher prices. The U.S. cigarette industry is a 4-firm oligopoly. No significant new competitors have entered the domestic market for over 40 years, and barriers to new entry remain high. There are no close substitutes for cigarettes as a product. Other tobacco products and current nicotine replacement therapies are only partial substitutes. The demand for cigarettes is inelastic. As a result, an increase in price will raise more revenue even though it causes consumption to fall. ¹ Historically, U.S. cigarette manufacturers have consistently passed on the costs of higher Federal excise taxes to their customers. ²

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To Subscribers of the INSO Email List
By Wafaa’ Al-Natheema

Read more about Announcement Sent During The War in 2003

Dr. Sabah Hanna Petros (1932 - )

Born in Baghdad 1932. He was a member teaching staff in Radiology and Ultrasound for the 6th year medical students & radiology diploma doctors at Baghdad

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July 2nd, 2006

Dear Wafaa,

I got your letter dated 5 June, addressed to our friends Bassim and Munir with ccd to Ihsan and myself. Then I got a message from Munir on 5th June and 9th June commenting on the subject

Read more about From Dr. Nuri Bahjet in Baghdad

Picture taken in 1953

Read more about Farid Allahwerdi & Jewad Selim

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