Feds seek breakup of Altria-Juul deal on antitrust grounds

[oldhippydude]

In late 2018 Altria discontinued its own e-cigarettes and took a 35% stake in Juul.

The complaint announced by the FTC alleges that Altria agreed not to compete against Juul in return for the $13 billion stake in the company.

https://apnews.com/319c2d07decde744bbcd978b2be1eb54