WebOct 13, 2024 · Today, Meta filed a request in the Northern District of California court to move forward with the deal despite the FTC’s complaint. At first, the FTC argued that the … WebOct 7, 2024 · REUTERS/Arnd Wiegmann/File Photo. WASHINGTON, Oct 7 (Reuters) - Antitrust enforcers who have asked a federal judge to stop Facebook parent Meta …
Dozens of U.S. states back FTC challenge to Meta
WebFeb 8, 2024 · Katyanna Quach. Wed 8 Feb 2024 // 01:30 UTC. The Federal Trade Commission will not appeal a court decision approving Meta's acquisition of virtual reality fitness biz Within, paving the way for the deal to finally close. Meta has reoriented its business around alternate realities as it scrambles to build the metaverse, an immersive … WebJul 27, 2024 · Meta announced its intent to acquire the virtual reality developer Within back in October, and now the FTC has filed an injunction against the company. With this injunction, the FTC officially moves to fully block Meta's acquisition of Within over its claims that the allegedly "illegal" deal stifles competition in the VR market. Within develops ... john prine tribute song
Judge Is Said to Let Meta’s Virtual Reality Deal Move Forward
WebJul 27, 2024 · The FTC alleged in its complaint that the deal would reduce Meta’s incentive to develop its own competitor to Supernatural, or to add new features to Beat Saber, a Meta-owned VR app that the FTC ... WebApr 11, 2024 · So, in 2024, when Meta announced their plans to acquire Within Unlimited Inc., a VR startup and creator of the fitness app Supernatural, the FTC quickly began investigating the deal. While Meta moved to purchase Within, making it the company's tenth VR studio acquisition in three years, the FTC claimed that the merger would lessen … WebJul 27, 2024 · This deal brings more competition and innovation to VR more generally. The FTC is wrong on the facts and the law. Today, the Federal Trade Commission (FTC) filed a lawsuit seeking to block Meta’s planned acquisition of Within, the company behind the VR fitness app Supernatural. The FTC’s case is based on ideology and speculation, not … john prine turn off the tv