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But in the early 2000s, when, according to Rice, some colleagues chose to squirrel away fees from the Big Tobacco wins rather than reinvest in the business, he and his mentor left to create Motley Rice in a five-story brick building overlooking downtown Charleston on the banks of the Cooper River
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Philip Morris International (PMI) has argued that such bans are ineffective and unnecessary and impede competition, impose significant costs and other burdens on retailers, encourage price competition (and cheaper cigarettes), and foster illicit trade in tobacco products