Home Agenda Meta Blasts FTC Deal Challenge and the President’s Agenda

Meta Blasts FTC Deal Challenge and the President’s Agenda

By Matthew Perlman (August 29, 2022, 7:26 p.m. EDT) – Meta Platforms Inc. told a California federal court that its planned purchase of virtual reality fitness app developer Within Unlimited Inc. would be good for competition and consumers, arguing that the Federal Trade Commission’s challenge is based on the president’s preconceptions.

Meta on Friday filed a response to the FTC’s lawsuit in federal court as the agency seeks to block the deal over concerns that Meta is trying to force its way into the virtual reality fitness market rather than produce its own application or extend its “accessory” Beat Saber fitness application.

In his response, Meta said the case was filed for…

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