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Meta allowed to buy virtual reality startup despite FTC suit: report

By Christopher Hutton
Published February 1, 2023 4:15pm ET
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Meta allowed to buy virtual reality startup despite FTC suit: report
A federal judge approved Facebook parent company Meta to buy a virtual reality startup, defeating an effort by the Federal Trade Commission to block the acquisition on the grounds that it is monopolistic. U.S. District Judge Edward Davila denied the FTC’s request for a preliminary injunction to block Meta’s acquisition of Within in a sealed […]

A federal judge approved Facebook parent company Meta to buy a virtual reality startup, defeating an effort by the Federal Trade Commission to block the acquisition on the grounds that it is monopolistic.

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