FTC Aims to Block Meta from Acquiring VR Studio Within
By
Darya Rudz
To prevent “harm” to honest competition, the FTC is insisting on blocking Meta from buying the Within company.
The Federal Trade Commission (FTC), the nation’s customer protection agency that works to prevent fraudulent, deceptive and unfair business practices in the marketplace, warns customers about the risks of paying online via Bitcoin.
To prevent “harm” to honest competition, the FTC is insisting on blocking Meta from buying the Within company.
As it tries to sanitize the playing field, the FTC has announced an investigation into some of the biggest tech companies: Amazon, Apple, Facebook, Google and Microsoft.
As it became known that FTC is preparing a potential injunction against Facebook, the company’s stock dropped. However, after the news on U.S.-China deal Facebook stock started gaining.