Facebook's VR Oculus business probed by US states

WASHINGTON : Multiple states have begun investigating potential violations in how Facebook, now known as Meta Platforms Inc, runs its virtual-reality Oculus business, according to three sources familiar with the matter.

Two of the sources said the U.S. Federal Trade Commission was also involved in the antitrust investigation. Meta did not immediately respond to a request for comment. New York, North Carolina and Tennessee were among the states involved in the inquiry, one source said. A group of almost 50 states also asked an appeals court on Friday to reinstate their antitrust lawsuit, filed in December 2020, against Facebook.The offices of the New York, North Carolina and Tennessee attorneys general did not immediately respond to requests for comments.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook faces US$3.2 billion UK class action over market dominanceLONDON : Social media giant Facebook, now known as Meta Platforms, faces a 2.3 billion pound plus (US$3.2 billion plus) class action in Britain over allegations it abused its market dominance by exploiting the personal data of 44 million users.Liza Lovdahl Gormsen, a senior adviser to Britain's Financial
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »