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U.S. Sues to Unwind Altria’s $12.8 Billion Investment in Juul

  • 📰 WSJ
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The FTC is suing Altria to unwind its $12.8 billion investment in Juul, alleging that the Marlboro maker violated antitrust laws in the 2018 deal

“Altria and Juul turned from competitors to collaborators by eliminating competition and sharing in Juul’s profits,” Ian Conner, director of the agency’s Bureau of Competition, said in a press statement.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Wow!

How is this even legal?

Ah, abusing the laws to throw their dicks around. Gotta love petty bureaucrats.

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 /  🏆 98. in KR

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