FTC Extends Deadline In Altria, Juul Appeal After Companies Part Ways

Mealey's ( April 13, 2023, 7:51 AM EDT) -- WASHINGTON, D.C. — The Federal Trade Commission extended its deadline to rule on an appeal of an administrative ruling recommending dismissal of the FTC’s antitrust claims against tobacco company Altria Group Inc. and e-cigarette maker Juul Labs Inc. (JLI) to give it more time to consider Altria and JLI’s recent motions seeking to dismiss the litigation as moot in light of Altria voluntarily unwinding its investment in JLI and seeking to discuss a potential settlement....