Future Tech

U.S. federal judge denies U.S. FTC request to stop Meta from acquiring virtual reality content maker

Tan KW
Publish date: Sat, 04 Feb 2023, 03:57 PM
Tan KW
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Future Tech

WASHINGTON - A U.S. judge issued a public ruling on Friday evening that denies a request by the U.S. Federal Trade Commission to stop a plan by Meta Platforms Inc to buy virtual reality content maker Within Unlimited, nixing regulators' attempt to block the deal over concerns it would reduce competition in a new market.

The ruling had been issued in a sealed form earlier this week.

 


  - Reuters

 

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