FTC Tries to Stop Meta From Buying VR Startup
Bloomberg Law
00:00
The FTC Challenges Meta's Acquisition of Nine Virtual Reality App Studios
meta has bought more than a hundred smaller companies, including nine virtual reality app studios over the last three years. This is the first time the FTC has challenged a deal before. Meta says it doesn't compete with this company in that it's a very small company and can't have an impact on competition.
Transcript
Play full episode
