Meta Earns a Win Against the FTC. Microsoft's Fight Comes Next. - Barron's

A national justice ruled Meta Platforms tin get virtual world start-up Within Unlimited, The Wall Street Journal and different media outlets reported Wednesday. The Biden administration’s revamped Federal Trade Commission nether Chair Lina Khan has sought to artifact the woody arsenic portion of an effort to rein successful the powerfulness of large exertion firms.

The Wall Street Journal, citing a idiosyncratic acquainted with the matter, reported U.S. District Judge Edward Davila successful San Jose, Calif., denied the FTC’s petition to artifact the woody successful a sealed tribunal decision. Bloomberg, which archetypal reported connected the ruling, noted Judge Davila issued a one-week impermanent restraining bid connected Meta closing the woody portion the FTC determines if it wants to appeal.