Tobacco Master Settlement Agreement

The Tobacco Master Settlement Agreement (MSA), entered on November 23, 1998, was between the four largest U.S. tobacco companies—Philip Morris, R. J. Reynolds, Brown & Williamson and Lorillard (the "original participating manufacturers" or "Majors")—and the attorneys general of 46 states. It resolved state Medicaid lawsuits seeking recovery of tobacco-related health-care costs.