01.02.2023 18:27 Uhr, Quelle: Engadget

FTC faces setback in bid to block Meta’s acquisition of VR developer Within

The Federal Trade Commission has suffered a setback in its attempt to prevent Meta from buying Supernatural developer Within Unlimited. According to Bloomberg, a federal court this week denied the agency’s request for a preliminary injunction to block the purchase. The deal reportedly won’t close for at least another week yet, as the court also issued a temporary restraining order to give the FTC time to decide whether to appeal the ruling.Engadget could not confirm Bloomberg’s reporting because the court documents announcing the decision are sealed. Meta did not immediately respond to a comment request. The FTC sued the company last July, arguing Meta’s acquisition of Within would reduce competition in the emerging virtual reality market. Within is the creator of Supernatural, one of the most popular VR exercise apps on the Oculus Quest Store. An eight-day trial in December saw Meta CEO Mark Zuckerberg and Chief Technology Officer Andrew “Boz” Bosworth testify. During the

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