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Briefing
Facebook AR/VR

FTC Sues to Block Meta Platforms’ VR App Acquisition

By Amir Efrati
· · Source: The Information

The Federal Trade Commission on Wednesday filed a lawsuit to block Meta Platforms’ $400 million-plus acquisition of the maker of Supernatural, a key virtual reality fitness app for Meta’s Oculus Quest VR headsets. The agency, which is separately suing Meta to try to unwind its prior acquisitions of Instagram and WhatsApp, said Meta’s deal for the app maker, called Within, was an illegal attempt...

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