Friday, 24 March, 2023

FTC Loses Antitrust Lawsuit Against Meta's VR Acquisition: Injunction Denied, Merger Allowed to Proc

<p>The Federal Trade Commission&#39;s (FTC) antitrust lawsuit against Meta&#39;s VR acquisition has come to a close, with the injunction being denied. This means the merger between Meta and Within VR can proceed, allowing the companies to combine their resources and expertise in the virtual reality space. This decision could have far-reaching implications for the VR industry and may impact future acquisitions in this space.</p>