FTC ACTS TO BLOCK META FROM BUYING VR COMPANY, FITNESS APP
Jul 30, 2022
2 minutes
Federal regulators took legal action to block Facebook parent Meta and CEO Mark Zuckerberg from acquiring virtual reality company Within Unlimited and its fitness app Supernatural, asserting the deal would hurt competition and violate antitrust laws.
Experts said it was the Federal Trade Commission’s first legal challenge to a Big Tech merger.
The FTC filed a complaint in federal court in
You’re reading a preview, subscribe to read more.
Start your free 30 days