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Khan-led FTC to block Meta’s acquisition of virtual reality developer

By Christopher Hutton
Published July 27, 2022 7:24pm ET
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Khan-led FTC to block Meta’s acquisition of virtual reality developer
FILE - In this March 19, 2014 file photo, Peter Mason tries the Oculus virtual reality headset at the Game Developers Conference 2014 in San Francisco. Oculus, the virtual reality company acquired by Facebook earlier this year for $2 billion, is holding its first-ever developers conference and is expected to discuss the much-anticipated release of its VR headset for consumers. The two-day Oculus Connect conference begins Friday, Sept. 19, 2014. (AP Photo/Jeff Chiu, file) | Jeff Chiu

The Federal Trade Commission is attempting to block Meta from acquiring a popular virtual reality app developer, a notable intervention by the agency now led by liberal Big Tech critic Lina Khan.

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Antitrust Facebook FTC Virtual Reality