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Such enterprises would behave differently than China Tobacco or Lebanons monopoly, which have been particularly successful in maximizing cigarette sales

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But strategically, the signal is clear: Diageo is becoming more selective and disciplined about where it deploys capital

Strategic price segmentation, ranging from value-oriented brands to premium offerings, allows manufacturers to capture diverse consumer segments across different income levels and purchasing priorities, supporting overall market resilience and sustained demand patterns

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Results vary widely by state