How Bad Is Our Company’s Product? Let Us List the Ways

is on trial, accused of breaking antitrust laws by abandoning its e-cigarette business at the request of rival Juul Labs Inc. The Marlboro maker’s defense: Our e-cigarettes were lousy.

According to the executives’ testimonies: Altria’s e-cigarettes leaked. They generated high formaldehyde levels. They lacked the nicotine kick smokers were looking for. The Federal Trade Commission in April 2020 sued to unwind Altria’s 35% interest in Juul Labs, a stake the cigarette maker “No one likes to admit failure, but it became clear these products weren’t going to be successful,” an Altria spokesman said. “The products were losing a lot of money and we couldn’t make changes due to regulatory requirements, so we pulled them from the market.”

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Boral sells U.S. products business after rejecting Seven bidAustralia's Boral Ltd (BLD.AX) said it would sell its North American building products business to a unit of NYSE-listed Westlake Chemical Corp (WLK.N) for $2.15 billion, throwing a spanner in the works of a takeover bid by Seven Group (SVW.AX). One decision changed my life! I decided to act on faith instead of fear. I'm now reaping the reward of that bold step and making more money than I could ever imagine. I highly recommend you to trade your bitcoin with _Alexander56
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »