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The FTC has abandoned its challenge to Meta’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.
Saying now has no application to the transaction we just talked about. talking about the other companies, yes. >> let me ask you more broadly about the question of antitrust mergers. i'm increasingly worried that the department is not enforcing vigorously the antitrust statutes. in many sectors of the economy, not just technology, we see -- again, as you have alluded to -- we see growing concentration of power in various sectors held by just a few firms. if you look at recent trends in the department's scrutiny of proposed mergers, it's at record lows. last year, for instance, the department o...