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https://www.wsj.com/articles/ftc-abandons-challenge-to-metas-acquisition-of-virtual-reality-startup-6ee5e767
WASHINGTON — The Federal Trade Commission on Friday made the latest move to block the acquisition of Meta Platforms Inc. virtual reality startup, giving the final victory to parent company Facebook.
Less than a month after .css-1h1us5y-StyledLink{color:var(–interactive-text-color);-webkit-text-decoration:underline;text agency dropped administrative case regarding deal-decoration: underline;} .css -1h1us5y-StyledLink:hover{-webkit-text-decoration:none;text-decoration:none;} A federal judge denied the FTC’s request for a court order to stop Within Unlimited’s acquisition of Meta. U.S. District Judge Edward Davila’s ruling did not directly affect the FTC’s parallel domestic administrative tribunal suit, and it’s unclear if the agency will continue with the administrative case.
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Post time: Feb-27-2023