FTC Alleges Altria, Juul Violated Antitrust Laws With Investment

(April 3, 2020, 1:55 PM EDT) -- WASHINGTON, D.C. — The Federal Trade Commission on April 1 issued an administrative complaint against tobacco company Altria Group Inc. and e-cigarette maker Juul Labs Inc., alleging that Altria’s $12.8 billion, 35 percent acquisition of Juul eliminated competition in violation of federal antitrust laws (In the Matter of Altria Group/JUUL Labs, No. 9393, FTC)....

Attached Documents

Related Sections