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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.
Meta to buy VR startup Within after favourable court ruling
A federal judge has sided with Facebook parent Meta and cleared the way for the company to buy virtual reality startup Within Unlimited, the maker of the popular fitness app Supernatural. Federal antitrust regulators had sought to block the acquisition on the grounds that it would hurt competition in the emerging virtual reality market. But…
Federal antitrust regulators had sought to block Meta's acquisition on the grounds that it would hurt competition in the emerging virtual reality market.
Get latest articles and stories on World at LatestLY. A federal judge has sided with Facebook parent Meta and cleared the way for the company to buy virtual reality startup Within Unlimited, the maker of the popular fitness app Supernatural. World News | Meta to Buy VR Startup Within After Favourable Court Ruling.