Philip Morris International competes with British American Tobacco, Japan Tobacco and Imperial Tobacco Group plc in its various geographical segments.

FORBES: Asia Still Loves Lighting Up, Philip Morris Deserves $75 Stock Price

The newly independent Philip Morris International sells tobacco products in the international markets while Altria maintains its operations in the US. Philip Morris International competes with British American Tobacco , Japan Tobacco and Imperial Tobacco Group plc in its various geographical segments.

FORBES: Philip Morris Smokin' Up To $69, Boss

Both Philip Morris and Imperial Tobacco could face antitrust issues if they did the deal.

FORBES: Magazine Article