Meta Cleared To Acquire VR Startup Within Unlimited After FTC Loses Case: Report

Meta Platforms has received approval from the court to acquire Within Unlimited, a virtual reality startup, despite the efforts of the U.S. Federal Trade Commission (FTC) to block the deal, Bloomberg reported.

In a statement, Judge Edward Davila in San Jose, California, said, “The FTC has not carried its burden to demonstrate a likelihood of success on the merits or that irreparable harm will occur absent a preliminary injunction.”

He further added, “The evidence of potential harm is …

Full story available on Benzinga.com

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