Meta Platforms allowed by judge to buy VR company Within in blow to FTC, Lina Khan - Seeking Alpha

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In a stroke to the Federal Trade Commission and its Chairwoman Lina Khan, a national justice ruled connected Wednesday that Meta Platforms (NASDAQ:META) tin bargain virtual world institution Within Unlimited.

Judge Edward Davila denied the FTC's petition to artifact the transaction, Bloomberg reported, citing radical acquainted with the matter.

Judge Davila issued his sentiment via a sealed ruling. However, Davila paused the woody by a week to let the FTC to see an appeal, the quality outlet added.

In July, it was reported that Khan had overruled her staff, which had recommended against suing to halt the projected $400M transaction. Part of the FTC's ailment touched connected Supernatural competing with Meta's ain Beat Saber app, a bushed crippled wherever users deed targets successful clip to music.

Meta (META) and the FTC did not instantly respond to a petition for remark from Seeking Alpha.

Last month, Meta (META) delayed closing the woody to bargain Within Unlimited, shaper of the fashionable virtual world fittingness game, Supernatural, by 1 month.

The Mark Zuckerberg-led Meta (META) announced successful October 2021 that it had agreed to get Within Unlimited, 1 time aft it changed its firm sanction from Facebook.

Meta Platforms (META) is slated to study fourth-quarter results aft the adjacent of trading connected Wednesday.