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Meta hits back in fight with FTC over VR company acquisition

Por: WPLG Local 10 Politics October 14, 2022

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WASHINGTON – Federal regulators and Facebook parent Meta are battling over Meta’s proposed acquisition of virtual-reality company Within Unlimited and its fitness app Supernatural.In a landmark legal challenge to a Big Tech merger, the Federal Trade Commission is suing to block the deal, asserting it would hurt competition and violate antitrust laws.Meta struck back Thursday, asking a federal court in San Jose, California, to dismiss the... + full article



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