
FTC Tries to Stop Meta From Buying VR Startup
Bloomberg Law
00:00
Is This a Test Case for the FTC?
The FTC is trying to push some of these novel theories and have some success in court with novel theories that might open the way. And I think it's also part of trying to prevent big tech platforms from continually growing through acquisition. So it's sort of twofold. Meta has said that if the judge rules against them, it will abandon the deal.
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