“Federal Trade Commission staffers urged the commission not to delay an upcoming in-house virtual trial against tobacco manufacturer Altria’s $12.8 billion investment in electronic cigarette company Juul. In a filing Thursday to the agency’s commissioners, the FTC’s trial staff said that by pushing for a three-month delay from the current April 13 start, Juul Labs Inc. and Altria Group Inc. “unrealistically speculate” that it will be safe by mid-July to hold an in-person trial on FTC staff allegations that Altria shut down its own e-cigarette business to pave the way for the investment, in the process eliminating competition in violation of antitrust laws, according to the opposition brief. The case is In the Matter of Altria Group/Juul Labs, file number 191-0075, before the Federal Trade Commission.”
ARTICLE LINK: COVID-19 Can’t Delay Juul & Altria Trial, FTC Staff Says
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