The Federal Trade Commission is suing to unwind Altria's $12.8 billion investment in vaping company Juul, saying they "turned from competitors to collaborators by eliminating competition." .

It alleged that tobacco company Altria, which also owns Marlboro and Virginia Slims, agreed not to compete with Juul for six years as it took a 35% stake.

"For several years, Altria and JUUL were competitors in the market for closed-system e-cigarettes.

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