Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.The FTC filed a lawsuit against cigarette giant Altria over its 35% stake in Juul, alleging that the companies made agreements that violate federal antitrust laws.
Juul and Altria, which owns Marlboro and Virginia Slims, allegedly agreed not to compete with each other after the deal, the FTC lawsuit claims. Altria said in a statement that its stake in Juul "does not harm competition" between the two companies.Altria is facing a new lawsuit from the Federal Trade Commission, which alleges that the cigarette giant violated antitrust laws when it bought a 35% stake in its competitor, e-cigarette startup Juul.
Altria, which owns Marlboro and Virginia Slims, made a $12.8 billion investment in Juul in 2018. That stake is now worth roughly $4.2 billion thanks to regulation and lawsuits, according toAfter Altria's investment, Altria gained the power to appoint an observer to Juul's board of directors, and would have been able to appoint three members to Juul's board after converting its shares to voting securities.
"Altria and JUUL turned from competitors to collaborators by eliminating competition and sharing in JUUL's profits," FTC Director of the Bureau of Competition Ian Conner said in a
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U.S. sues to force Altria to unwind investment in JUULThe U.S. Federal Trade Commission said on Wednesday that it had filed a complaint aimed at forcing Altria Group to sell its $12.8 billion investment in e-cigarette maker JUUL. Pardon.. that says “Force” ? I hate e-cigarette!
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »
U.S. Sues to Unwind Altria’s $12.8 Billion Investment in JuulThe Federal Trade Commission is suing Altria Group Inc. to unwind its $12.8 billion investment in Juul Labs Inc., accusing the Marlboro maker of violating federal antitrust laws when it took a stake in the e-cigarette maker. Ah, abusing the laws to throw their dicks around. Gotta love petty bureaucrats. How is this even legal? Wow!
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »
U.S. sues to force Altria to unwind investment in JUULThe U.S. Federal Trade Commission said on Wednesday that it had filed a complaint aimed at forcing Altria Group to sell its $12.8 billion investment in e-cigarette maker JUUL. Pardon.. that says “Force” ? I hate e-cigarette!
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »
U.S. Sues to Unwind Altria’s $12.8 Billion Investment in JuulThe Federal Trade Commission is suing Altria Group Inc. to unwind its $12.8 billion investment in Juul Labs Inc., accusing the Marlboro maker of violating federal antitrust laws when it took a stake in the e-cigarette maker. Ah, abusing the laws to throw their dicks around. Gotta love petty bureaucrats. How is this even legal? Wow!
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »
Leaked memo: Truck giant Schneider distributed faulty sanitation wipes - Business InsiderThe issue adds to a bigger problem facing essential workers in the US: Truckers number 1.8 million, and they're not able to socially distance at home. What good is a over the road truckers insurance? Usually only good at their doctor in the town they live in. Guess what They ain’t home.
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »
SoftBank is abandoning its $3 billion WeWork tender offer - Business InsiderSoftBank abandoning a plan to buy $3 billion of WeWork shares from investors and employees, a move that could cost $1.1 billion in debt financing. SAI Greenbackd further to our exchange 👋🏼💰👆🏽 GEanalyst Time for INTROSPECTION unmistakably! Imagine i or any other random guy here in Internet has a great idea and .. is poor, so I can’t reach SB, but a limited IQ person has someone that can. Deal! Here is the outcome, gentlemen.
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »