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Indebta > Markets > Stocks > Altria seeks import ban on certain Juul e-vapor products
Stocks

Altria seeks import ban on certain Juul e-vapor products

News Room
Last updated: 2023/08/22 at 2:05 PM
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© Reuters. FILE PHOTO: Juul brand vape cartridges are pictured for sale at a shop in Atlanta, Georgia, U.S., September 26, 2019. REUTERS/Elijah Nouvelage//File Photo

(Reuters) – Altria Group (NYSE:) said on Tuesday its subsidiary, NJOY, has filed a complaint against Juul Labs with the U.S. International Trade Commission, seeking a ban on the import and sale of certain Juul e-vapor products.

The company said Juul products infringe certain patents owned by NJOY and intends to obtain a ban on products including its currently marketed Juul device and Juulpods.

Juul did not immediately respond to a request for comment.

Altria had earlier this year exited from the 35% stake it had in Juul. It had bought startup NJOY Holdings for about $2.75 billion in March.

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News Room August 22, 2023 August 22, 2023
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