Mergers & Acquisitions Mergers & Acquisitions

US FTC sues to block Meta acquisition of Within, citing protection of virtual reality fitness apps market

By Curtis Eichelberger
  • 27 Jul 2022 20:48
  • 27 Jul 2022 23:36
The US Federal Trade Commission has asked a California court for a temporary retraining order and preliminary injunction to prevent Meta, which makes virtual reality devices and applications in the US, from acquiring Within, a software company that develops apps for VR devices.

The government says if they are allowed to merge, it

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