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In addition, intense price competition, rising raw material and manufacturing expenses, intellectual property risks, export dependence, trade barriers, shifting international regulations, reputational scrutiny, and geopolitical tensions continue to impact profitability, market access, and long-term innovation despite strong global demand potential

Archived from the original on 4 June 2020

They have shown in the past that they are successful in challenging regulatory obstacles. Philip Morris International spent $9.8 million on lobbying Congress and agencies in 2012 on trade and other issues, according to disclosure records