Judge reportedly allows Meta to move forward with VR startup acquisition, in blow to FTC

Judge reportedly allows Meta to move forward with VR startup acquisition, in blow to FTC

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  • See how it works 02:20 Now playing - Source: CNN Here's what school protocols Bill Gates thinks didn't work during pandemic 01:27 Now playing - Source: CNN CNN — A federal judge will not block Meta from buying a virtual reality tech startup, according to multiple reports, in a setback for the US government, which had alleged the deal would threaten competition in a nascent market.
  • But according to The Wall Street Journal and The New York Times, the contents of the decision dealt Meta a victory by denying the US government’s request for a preliminary injunction that would have prevented the acquisition from closing.

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