“The Federal Government may have to pay more than $3 billion a year to cigarette companies if its plain packaging plan goes ahead, a free trade expert says.
Tim Wilson from the Institute of Public Affairs says the move could cost taxpayers $3.4 billion a year in compensation to tobacco companies.
“Stripping intellectual property from products is akin to stripping someone of their physical property, and requires compensation,” he said.”
Taken from ABC News, full article can be found at: http://bit.ly/afW3W9
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