Meta has asked a judge to turn down a U.S. Federal Trade Commission attempt to block the company’s acquisition of Within Unlimited, a virtual reality app, saying concerns about competitions are only speculative, Bloomberg wrote. Meta has said the FTC hasn’t laid out the details...
The Meta proposal to buy virtual reality company Within Unlimited is seeing some speedbumps in court, Bloomberg wrote, with the Federal Trade Commission issuing a challenge. The issue involves Within Unlimited and its fitness app Supernatural, and how Meta buying it could kill competition in...
The head of the Federal Trade Commission (FTC) reportedly led a vote to sue Meta Platforms earlier this week over the objections of the commission’s staff. FTC Chair Lina Khan chose not to listen to staff recommendations regarding bringing a suit against Meta to block...
The Federal Trade Commission on Wednesday (July 27) announced it will push to block social media giant Meta Platforms’ acquisition of Within Unlimited and its virtual reality (VR) fitness app Supernatural, according to a commission press release. Meta’s VR empire includes a top-selling device, app...
November 22, 2022
In a suit that aims to block Meta Platforms’ acquisition of virtual reality fitness app developer Within Unlimited, the Federal Trade Commission (FTC) reportedly said Meta stopped its plans to build such an app itself — thereby stifling competition — while Meta said it never planned to develop a VR fitness app. The two parties […]
October 13, 2022
Meta has asked a judge to turn down a U.S. Federal Trade Commission attempt to block the company’s acquisition of Within Unlimited, a virtual reality app, saying concerns about competitions...
August 15, 2022
The Meta proposal to buy virtual reality company Within Unlimited is seeing some speedbumps in court, Bloomberg wrote, with the Federal Trade Commission issuing a challenge. The issue involves Within...
July 29, 2022
The head of the Federal Trade Commission (FTC) reportedly led a vote to sue Meta Platforms earlier this week over the objections of the commission’s staff. FTC Chair Lina Khan...
