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FTC Drops Challenge To Meta's Acquisition Of Virtual Reality Fitness Company After Court Denies Preliminary Injunction - Antitrust, EU Competition

The FTC has decided to abandon its challenge to Meta Platforms Inc.'s acquisition of virtual reality (VR) exercise app developer, Within Unlimited, Inc., after U.S. District Judge Edward J. Davila...
United States App Lab Meta Platforms Inc Unlimited Inc Commission Theory Of Harm To Meta Platforms
Source: mondaq.com

Meta Acquisition Opposition Dropped by FTC

The FTC has abandoned its challenge to Metaโ€™s acquisition of virtual reality exercise app developer, Within Unlimited after a judge rejected their bid for a preliminary injunction blocking the deal. This is a setback for Biden administration's antitrust merger focuses.
United States Edwardj Davila App Lab Meta Platforms Inc Unlimited Inc Commission Theory Of Harm To Potential Competition

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