Meta Reportedly Defeats FTC Bid to Block Acquisition of VR Fitness App - CNET

Facebook genitor institution Meta has reportedly won tribunal support to get Within Unlimited, which makes the VR fittingness app Supernatural, aft the Federal Trade Commission attempted to artifact the deal. 

In a sealed determination Wednesday, a US territory justice "denied the FTC's petition for a preliminary injunction to artifact the projected transaction," reported Bloomberg, citing radical acquainted with the ruling. 

Meta announced plans to acquire Within and its VR fittingness app Supernatural back successful October 2021. Last year, the FTC filed a ailment to halt the deal, saying Meta already had a "virtual world empire."

On Wednesday, the justice reportedly issued an bid baring Meta from closing the acquisition for 1 week portion the FTC weighs whether to entreaty the ruling. 

The FTC didn't instantly responded to a petition for comment. 

More to come.