Meta CEO Mark Zuckerberg Testifies in FTC Case to Block Virtual-Reality Deal - The Wall Street Journal

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Federal Trade Commission seeks to forestall social-media institution from acquiring Within Unlimited

Updated Dec. 20, 2022 12:12 p.m. ET

Facebook genitor Meta Platforms Inc. CEO Mark Zuckerberg took the witnesser basal Tuesday successful a lawsuit successful which the Federal Trade Commission is seeking to forestall the social-media company from acquiring a virtual-reality startup. 

The FTC is seeking an injunction blocking Meta’s planned acquisition of Within Unlimited Inc., the institution down the fashionable virtual-reality fittingness crippled “Supernatural.” The ineligible determination poses a nonstop situation to Meta’s strategical absorption connected the metaverse, a word utilized to picture a level wherever galore online users enactment and play successful virtual worlds. 

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