The FTC has since decided not to appeal Davila's decision, but may still try to pursue the case before an administrative law judge in a hearing set for 13 February.
"We are pleased that the Court has denied the FTC's motion to block our acquisition of Within," a Meta spokesperson toldin a statement. This deal will bring pro-competitive benefits to the ecosystem and spur innovation that will benefit people, developers, and the VR space more broadly. We look forward to closing the transaction soon."
Lina Khan, who was sworn in as the FTC's Chair in June 2021, has promised to take a tough antitrust stance and crack down on Big Tech. Under Khan, the commission has also sued Microsoft's $42 billion bid for Activision. The acquisition is also under