The unintended consequences of an alcohol ban, which include the rapid rise of illicit liquor production and reduced tax revenue, far outweigh the efficacy of a prohibition, according to a new report backed and paid for by the industry. 

US-based not-for-profit organisation Transnational Alliance to Combat Illicit Trade’s (Tracit) members include AB InBev, the world’s biggest brewer, and Dutch beer maker Heineken...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now