FTC Pauses Altria, Juul Appeal After Investment Unwound

Mealey's (June 6, 2023, 1:56 PM EDT) -- WASHINGTON, D.C. — The Federal Trade Commission published online its order withdrawing an appeal of an administrative ruling recommending dismissal of its antitrust claims against tobacco company Altria Group Inc. and e-cigarette maker Juul Labs Inc. (JLI) from adjudication to allow consideration of new evidence including that Altria is voluntarily unwinding its investment in JLI and both companies are now seeking settlement....

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