Antitrust Antitrust

Altria didn't see path to profitability in e-vapor business, CEO tells US FTC court

By Jenna Ebersole
  • 21 Jun 2021 18:21
  • 23 Jun 2021 16:03
Altria didn't see a pathway to profitability with its e-vapor products and moved to shut down its business before it was clear a deal with Juul Labs would move forward, Chief Executive Billy Gifford testified today at the US Federal Trade Commission’s court.

Former Altria employee and current Juul Labs Inc. (JLI) executive

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