FTC sues to block Facebook owner Meta from buying VR fitness app maker
The Federal Trade Commission is suing to block Facebook owner Meta from buying Within Unlimited, a company that makes the virtual reality fitness app Supernatural, the agency announced on Wednesday. The FTC alleges that Meta is “trying to buy its way to the top” rather than compete on the merits in the VR-dedicated fitness app market, FTC Bureau of Competition Deputy Director John Newman said in a statement.
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