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Meta wins court case to acquire VR startup Within Unlimited
short by Mansi Agarwal / on Saturday, 4 February, 2023
A US judge on Friday released a ruling denying Federal Trade Commission's (FTC) request to stop Meta from acquiring virtual reality startup Within Unlimited. FTC filed the case against the deal last year, saying it would "tend to create a monopoly". A Meta spokesperson said the company is "pleased" with the ruling and looks forward "to closing the transaction soon".
read more at Reuters