A judge has made public his decision that allowed Meta to acquire a virtual-reality startup, providing new details on why he ruled against the Federal Trade Commission in its high-profile antitrust case against the Facebook parent company
The Federal Trade Commission had sought an injunction to block Meta from buying a virtual-reality startup.WASHINGTON—A judge has made public his decision that allowed Meta Platforms Inc. to acquire a virtual-reality startup, providing new details on whyin its high-profile antitrust case against the Facebook parent company.
The ruling, which was initially sealed and was released late Friday, rejected the FTC’s arguments for why Meta’s acquisition of Within Unlimited was anticompetitive. But the judge sided with the FTC on some legal and factual arguments, bolstering the agency’s ability to bring similar cases in the future, some antitrust lawyers said.
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