US federal judge denies FTC request to stop Meta from acquiring virtual reality content maker
Last updated on: 04 February,2023 08:26 am
US federal judge denies FTC request to stop Meta from acquiring virtual reality content maker
WASHINGTON (Reuters) - A US judge issued a public ruling on Friday evening that denies a request by the U.S. Federal Trade Commission to stop a plan by Meta Platforms Inc (META.O) 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.