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Judge dismisses antitrust complaint against Altria Group, JUUL Labs-FTC

Published 02/24/2022, 11:41 AM
Updated 02/24/2022, 11:49 AM
© Reuters. A woman holds a Juul e-cigarette while walking in New York, U.S., September 27, 2018.  REUTERS/Brendan McDermid
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© Reuters. A woman holds a Juul e-cigarette while walking in New York, U.S., September 27, 2018.  REUTERS/Brendan McDermid

(Reuters) - An administrative law judge dismissed a Federal Trade Commission antitrust complaint against tobacco company Altria Group (NYSE:MO) Inc. and electronic cigarette maker JUUL Labs Inc., the FTC said on Thursday.

The FTC's April 2020 complaint alleged Altria and JUUL entered a series of agreements, including Altria's acquisition of a 35% stake in JUUL, that eliminated competition in violation of federal antitrust laws.

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