Zuckerberg to testify in U.S. case against Facebook's virtual reality deal - Yahoo Finance

(Reuters) - Meta Platforms Inc Chief Executive Officer Mark Zuckerberg volition attest successful a lawsuit by the Federal Trade Commission (FTC) that argues the company's projected woody to bargain virtual world (VR) contented shaper Within Unlimited should beryllium blocked.

In a tribunal papers filed with U.S. District Court Northern District Of California connected Friday, the FTC listed 18 witnesses it plans to question, including Zuckerberg, Within CEO Chris Milk and Meta Chief Technology Officer Andrew Bosworth.

They were besides connected a database of witnesses submitted connected Friday by defendants Meta and Within.

In summation to defending the Within acquisition, Zuckerberg is expected to beryllium questioned astir the Facebook-parent's strategy for its VR business, arsenic good arsenic the company's plans to enactment third-party developers, according to the tribunal document.

The FTC had filed a suit successful July saying that Meta's acquisition of Within would "tend to make a monopoly" successful the marketplace for VR-dedicated fittingness apps.

The regulator argues that the projected woody would "substantially lessen contention oregon thin to make a monopoly" successful that market.

Meta, successful tribunal documents, has argued that "the FTC's conclusory, speculative, and contradictory allegations bash not plausibly plead immoderate facts to found that immoderate expected marketplace for VR Deliberate Fitness apps is 'oligopolistic' arsenic to either behaviour oregon structure."

Facebook agreed to bargain Within successful October 2021 for an undisclosed sum.

(Reporting by Ismail Shakil successful Ottawa; Editing by Aurora Ellis)