Juul Gets Hit With Lawsuit From The Federal Trade Commission
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The Federal Trade Commission announced its suing e-cigarette manufacturer Juul for breaking antitrust law. The lawsuit comes after Juul sold a big chunk of its company to tobacco company Altria Group. According to Gizmodo, Juul sold 35 percent of themselves for $12.8 billion to Altria. Altria used to be in direct competition with Juul but agreed to not compete in return for some ownership in Juul.
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UploadedApr 01, 2020
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