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US federal judge denies FTC request to stop Meta from acquiring virtual reality content maker

The ruling had been issued in a sealed form earlier this week.

February 04, 2023 / 09:21 IST
The ruling had been issued in a sealed form earlier this week.

US judge issued a public ruling on Friday evening that denies a request by the US Federal Trade Commission to stop a plan by Meta Platforms Inc to buy virtual reality content maker Within Unlimited, nixing regulators’ attempt to block the deal over concerns it would reduce competition in a new market.

The ruling had been issued in a sealed form earlier this week.

Reuters
first published: Feb 4, 2023 09:21 am

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