HI5015: Legal Framework of Philip Morris International in Australia

This report provides an in-depth analysis of the legal framework governing Philip Morris International (PMI) in Australia. It begins with an introduction to the company, its industry, and global operations. The report then delves into the legislative and regulatory framework, focusing on key aspects such as the Competition and Consumer Act 2010, taxation laws, employment law (Fair Work Act 2009), and the Fair Trading Act 1992. The analysis explores how these regulations impact PMI's operations and compliance requirements. Furthermore, the report examines the impact of international treaties, conventions, and agreements on PMI's products and services, including the Australia New Zealand Closer Economic Relations Trade Agreement (ANZCERTA), the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA), and the World Health Organization’s Framework Convention on Tobacco Control. The report assesses both the positive and negative effects of these agreements, highlighting how they shape PMI's market access and operational challenges in Australia and New Zealand. The report also examines the specific impact of these agreements on the company's sales, profitability, and product manufacturing standards. The report concludes by summarizing the key legal and regulatory considerations that PMI must navigate in the Australian market and the implications of international agreements on its business strategies.