FTC moves to block Meta's purchase of 'Supernatural' VR workout app maker Within
that Meta has the resources and"reasonable probability" of entering the VR fitness market by building its own app. That approach, the agency claims, would"increase consumer choice, increase innovation, spur additional competition to attract the best employees, and yield other competitive benefits.
“The FTC's case is based on ideology and speculation, not evidence. The idea that this acquisition would lead to anticompetitive outcomes in a dynamic space with as much entry and growth as online and connected fitness is simply not credible," a Meta spokesperson told Engadget in a statement."By attacking this deal in a 3-2 vote, the FTC is sending a chilling message to anyone who wishes to innovate in VR.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
FTC Sues to Block Facebook Owner Meta From Buying VR Fitness App MakerThe lawsuit echoes issues progressive critics have said the FTC should have raised in Facebook’s acquisitions of Instagram and WhatsApp roughly a decade ago.
Weiterlesen »
Meta raises VR headset prices $100The company cited rising costs for the unusual move, which could make its metaverse push harder.
Weiterlesen »
Meta oversight board to review policies on transgender nudity, COVID-19 misinformationMeta's oversight board plans to tackle new cases and review the company's COVID-19 misinformation policies. The board is asking for public comments.
Weiterlesen »
Meta considers easing its Covid-19 misinformation policyFacebook-parent Meta is weighing whether to relax its policies against Covid-19 misinformation, proposing a shift from removing false claims to simply labeling or demoting them.
Weiterlesen »
Zuckerberg says Meta is in 'very deep, philosophical competition' with Apple to build the metaverseA fight over 'what direction the internet should go in'
Weiterlesen »
Meta is hiking the Quest 2's price up by $100 | Digital TrendsMeta's virtualreality console, the MetaQuest 2, is set to see a price increase very soon.
Weiterlesen »