Meta's VR Win Complicates FTC's Focus on Future-Competition Cases - Bloomberg Law

The Federal Trade Commission’s bid to stifle Big Tech’s “potential competition” acquisitions suffered a setback aft a national justice approved Meta Platforms Inc.'s bid to bargain VR tech developer Within Unlimited.

Judge Edward Davila’s much-anticipated determination Wednesday astatine the US District Court for the Northern District of California could complicate antitrust regulators’ enforcement against deals wherever Big Tech companies gobble up startups earlier they go superior competitors, antitrust analysts say.

Antitrust agencies, nether the Biden administration, vowed to aggressively ace down connected what they comprehend to beryllium anticompetitive conduct, including stringent oversight of Big Tech.

The FTC’s outlook for defeating ...

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