Complaint Filed by JTI Against Egyptian Tobacco Monopoly

BusinessJTI by 2FIRSTS.ai

Nov.21.2023

Complaint Filed by JTI Against Egyptian Tobacco Monopoly

Japan Tobacco International (JTI) has lodged a complaint against Egypt's leading tobacco producer, Eastern Company, accusing it of monopolizing the market.

According to Shafaqna news, Japan Tobacco International (JTI) has filed a complaint with the Egyptian Competition Authority (ECA), alleging that the largest tobacco producer in Egypt, Eastern Company, holds a monopoly position in the market.

A senior insider has alleged that the complaint involves 日烟国际's brand, Golden Coast, which is in direct competition with low-priced cigarettes provided by the Oriental Corporation in the Egyptian market.

According to sources, Japan Tobacco International previously manufactured the brand at its factory in Turkey and imported and sold it in Egypt. However, the recent tax amendment imposes value-added tax on low-priced cigarettes, preventing Japan Tobacco International from importing the brand and limiting its sales to local production.

Over the past year, the Egyptian cigarette market has witnessed several controversial events. This includes the issuance of new licenses to Eastern Company, the sole government-owned manufacturer, after several decades, as well as the sale of a 30% stake in the Eastern Company to a global investment holding company for 625 million dollars.

References:

[1] JTI accuses Eastern Company of monopoly in cigarette market

Also Read:

[1] JTI Greece Plans €3 Billion Investment in HTPs

[2] JTI Expands International Investments in HNB Tobacco Market

[3] JTI: Not in Disposable Game Yet, Exploring Opportunities in Nicotine Pouch

#Traditional tobacco #Market #Africa #Egypt #JTI

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

New York AG Seeks to Shut Down Vape Shops, Ban Owners from Industry

New York Attorney General Letitia James has filed a petition seeking to permanently shut down two smoke shops and ban their owners from the vape industry for repeatedly selling illegal flavored vapes to minors and operating without valid licenses. The nearly 50-page complaint names Eysa Sharhan and Ahmed Mozeb and their stores — Pop-In Smoke & Vape LLC, Pufftopia LLC, and Royalty Tobacco LLC — accusing them of a “persistent pattern of illegal activity.”

Oct.24 by 2FIRSTS.ai

AIR’s Shisha Brand Al Fakher Launches New Pod-Based Vape in Germany, Touting Non-Ceramic Atomization Technology

AIR’s shisha brand Al Fakher has launched its rechargeable pod-based vape Crown Switch in Germany, featuring Coldstream technology and claiming low-temperature vaporization without ceramic or metal heating elements. The device is now available on shisha-world, while AIR is simultaneously pushing ahead with its plan to go public on Nasdaq via a SPAC merger.

Nov.20 by 2FIRSTS.ai

Singapore's Bishan MRT station security officers apprehended a man who discarded an e-cigarette, as crackdown efforts intensify

Security officers at Bishan MRT station in Singapore apprehended a man who evaded security and found his discarded e-cigarette in nearby bushes. The man pleaded guilty to the offence, and the case was referred to the Health Sciences Authority. The incident is part of Singapore's intensified, government-wide crackdown on e-cigarette use.

Sep.30 by 2FIRSTS.ai

FDA Calls on Retailers to Remove Illegal E-Cigarettes from Shelves, Will Send List of Legal Products to 300,000 Stores

FDA launches national retail compliance initiative to combat illegal e-cigarette sales targeting youth, issuing guidance materials to over 300k retailers.