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FTC is suing Meta to block acquisition of VR fitness app

• smoldesu 4y ago
  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.
• donsupreme 4y ago
  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.
  • cyanydeez 4y ago
    It's definitely cheaper to protect the future than fix the past
• tareqak 4y ago
  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_4bcb8a532be33291f8543a8cf31ec65f https://lite.cnn.com/en/article/h_4bcb8a532be33291f8543a8cf3... .