The Federal Trade Commission will not pursue an internal antitrust case to reverse Meta's acquisition of virtual reality startup Within, per a regulatory filing.
that decision. Historically, it has been difficult for the FTC to win cases internally after failing to stop a merger in federal court.
Meta can count this as am antitrust win and it marks a major loss for the FTC under chair Lina Khan, who has taken an aggressive stance against tech mergers."We’re excited that the Within team has joined Meta, and we’re eager to partner with this talented group in bringing the future of VR fitness to life," a Meta spokesperson said.
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