FTC Asks Judge to Block Meta's Acquisition of Virtual-Reality Startup

The Federal Trade Commission asked a judge to halt Meta Platforms Inc.’s planned acquisition of a virtual-reality startup, a case that represents a shift in U.S. antitrust enforcement and poses a challenge to the Facebook parent’s metaverse strategy. The FTC is seeking an injunction blocking Meta’s planned acquisition of Within Unlimited Inc., the company behind the popular virtual-reality fitness game “Supernatural.”

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