The deal has been delayed by a 2022 FTC lawsuit.
until January 31st — although Meta CTO Andrew Bosworth said in a hearing that the company might drop the deal if it “doesn’t close in a timely manner.” Meta declined to discuss the decision at this point.over whether to intervene in Meta and Within’s deal, and its pursuit of the case stands in stark contrast to several relatively smooth Meta acquisitions, including its purchase of VR startup Oculus in 2014.
“Out of respect for the court’s orders, the FTC is not in a position to comment at this time,” FTC director of public affairs Douglas Farrar toldIf this week’s order stands, it would represent a loss for agency head and antitrust crusader Lina Khan. The defeat would come as the FTC fights to stop another game-related merger:.
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