The FTC is accusing Meta of trying to assert undue dominance in the metaverse, arguing that the tech company's acquisition of Within would illegally boost Meta's market power.
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FTC, Meta renew battle in federal court over acquisition of VR fitness app maker WithinThe FTC claims Meta will illegally extend its market power into the nascent metaverse market and that Meta “had the intentions to enter — and thus was a reasonably probable entrant into — the VR Dedicated Fitness App market,” according to a court filing.
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FTC challenges Meta acquisition of VR company in courtFederal regulators will open their campaign to block Facebook parent Meta's acquisition of a virtual-reality company, with opening statements beginning Thursday in a San Jose, California, courtroom.
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FTC challenges Meta acquisition of VR company in San Jose courtFederal regulators will open their campaign to block Facebook parent Meta's acquisition of a virtual-reality company, with opening statements beginning Thursday in a San Jose courtroom.
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Xbox Being Sued by FTC Over Activision Blizzard AcquisitionThe FTC, one of the biggest government agencies in the United States, is suing Microsoft in an [...]
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FTC Sues to Block Microsoft’s $69 Billion Activision Blizzard AcquisitionThe FTC is seeking to block Microsoft from acquiring Activision Blizzard, maker of video-game franchises including “Call of Duty,” “Overwatch” and “World of Warcraft,&…
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The FTC is suing Microsoft to block its Activision Blizzard purchaseIt’s a big challenge to Microsoft’s planned acquisition.
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