FTC drops lawsuit vs. Meta over VR acquisition

The Federal Trade Commission late Friday voted to withdraw its antitrust lawsuit against Meta Platforms Inc.’s META acquisition of virtual-reality startup Within Unlimited, officially ending the agency’s high-profile case. The FTC’s decision to abandon the case came less than a month after U.S. District Judge Edward Davila denied the FTC’s request for a court order blocking Meta’s purchase of Within. The FTC spokesman declined comment.

The Federal Trade Commission late Friday voted to withdraw its antitrust lawsuit against Meta Platforms Inc.’s META acquisition of virtual-reality startup Within Unlimited, officially ending the agency’s high-profile case. The FTC’s decision to abandon the case came less than a month after U.S. District Judge Edward Davila denied the FTC’s request for a court order blocking Meta’s purchase of Within. The FTC spokesman declined comment.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

FTC drops bid to block Meta's acquisition of Within | EngadgetThe FTC has voted to drop its administrative case against the company a few weeks after a federal court denied its request for a preliminary injunction to block the acquisition.. PostUp_bbb FOSSpatents
Fonte: engadget - 🏆 276. / 63 Consulte Mais informação »

FTC Abandons Challenge to Meta’s Acquisition of Virtual-Reality StartupThe Federal Trade Commission on Friday dropped its last remaining effort to block's acquisition of a virtual-reality startup, handing a final victory to the Facebook parent pathetic
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

FTC abandons suit blocking Meta acquisition of VR developerThe Federal Trade Commission dismissed its suit blocking Meta's acquisition of a virtual reality developer, marking the latest loss for the Lina Khan-led agency and its new aggressive approach to antitrust.
Fonte: dcexaminer - 🏆 6. / 94 Consulte Mais informação »