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The Independent UK
The Independent UK
National
Barbara Ortutay

FTC challenges Meta acquisition of VR company in court

Copyright 2021 The Associated Press. All rights reserved.

Federal regulators will open their campaign to block Facebook parent Meta's acquisition of a virtual-reality company, with opening statements beginning Thursday in a San Jose, California, courtroom.

In a landmark legal challenge to a Big Tech merger, the Federal Trade Commission has sued to prevent Meta's acquisition of Within Unlimited and its fitness app Supernatural, asserting it would hurt competition and violate antitrust laws.

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