Contraband Cigarettes Cheaper by Half in Ireland

in Business Risk, Counterfeit Goods

The price for cigarettes sold on the black market in Ireland is usually 50 percent cheaper than retail prices.

The cigarettes are either counterfeit cigarettes or were smuggled into the country to avoid taxes.

(What is the black market?)

Source: Conor Lally,”Tobacco haul worth €2.5m intercepted at Dublin Port,” Irish Times, August 4, 2011.

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