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FTC challenges Meta acquisition of VR company in court

Por: WPLG Local 10 Tech December 09, 2022

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Federal regulators opened their campaign to block Facebook parent Meta's acquisition of a virtual-reality company Thursday in a San Jose, California, courtroom. In a landmark legal challenge to a Big Tech merger, the Federal Trade Commission has sued to prevent Meta's acquisition of Within Unlimited and its fitness app Supernatural, asserting it would hurt competition and violate antitrust laws. The FTC is arguing that, were it not for... + full article



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