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FTC is suing Meta to block acquisition of VR fitness app (techcrunch.com)
10 points by mikece on July 27, 2022 | hide | past | favorite | 4 comments



They're going to have a hard time evenly enforcing this conduct when Apple and Google enter the field. Both of those companies have basically relied on aqui-hires to build their VR/AR stacks, hopefully they also have to answer for their peculiar "innovation" tactics.


This is more about penalizing for the past transgression on FB by the new FTC regime under Lina Khan. FB was able to get away with many borderline antitrust acquisition over the years from the previous FTC adminstration.


It's definitely cheaper to protect the future than fix the past


Same story from a different source:

FTC files to block Facebook-parent Meta from buying a VR company: https://lite.cnn.com/en/article/h_4bcb8a532be33291f8543a8cf3... .




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