The Federal Trade Commission (FTC) rejected a petition filed by Facebook-parent Meta seeking the recusal of Chair Lina Khan from participating in any decision concerning the review of Meta’s proposed merger with virtual reality app maker Within Unlimited.
The FTC, which sued in July to block the deal, said without Khan's participation that it had denied the order.
U.S. Judge Edward Davila on Tuesday ruled that Meta could proceed with its acquisition, a person briefed on the matter told Reuters, confirming reports by Bloomberg News and others. Davila granted the FTC’s request to temporarily block the closing until Feb. 7 in order to give the commission time to assess options, the source confirmed. Davila's sealed opinion has not been released publicly.
The FTC in seeking to block the deal called Facebook a "global technology behemoth," noting its ownership of popular apps such as Instagram, Messenger and WhatsApp, and said its "campaign to conquer VR" began in 2014 when it acquired Oculus, a VR headset manufacturer. Facebook agreed to buy Within in October 2021.
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