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FTC waves aside complaint against defunct Altria/Juul deal…

US – general: The Federal Trade Commission (FTC) has dismissed a complaint brought against Altria and Juul Labs over the tobacco giant’s December 2018 purchase of a 35% stake in Juul. The agency also said it would vacate an FTC administrative law judge’s initial decision in favour of the companies in February 2022. The FTC ruled in 2020 that Altria’s $12.8bn investment » Continue Reading.
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