Try our Advanced Search for more refined results

Federal Trade Commission v. Meta Platforms Inc., et al

  1. December 20, 2022

    Zuckerberg Testifies In FTC Fight To Halt Meta-VR Merger

    Meta Platforms CEO Mark Zuckerberg testified Tuesday morning in an evidentiary hearing over the Federal Trade Commission's challenge of Meta's acquisition of virtual reality fitness app maker Within Unlimited that while Meta's finances have been hit by the global economic downturn and moves from Apple, he still wants to honor the June 2021 deal.

  2. December 19, 2022

    Meta's CTO Says 'Fear' Apple Would Buy VR Co. Fueled Deal

    Meta Platforms' Chief Technology Officer Andrew "Boz" Bosworth took the stand Monday in a high-stakes hearing on the Federal Trade Commission's challenge to Meta's acquisition of Within Unlimited, testifying the deal was driven partly by the company's "fear" that Apple would buy the virtual reality fitness app maker and "make it exclusive."

  3. December 16, 2022

    Meta Exec Says Expanding VR Uses Is 'Like Pokemon For Us'

    A Meta executive testified Friday in an evidentiary hearing over the Federal Trade Commission's challenge of Meta's acquisition of fitness-app maker Within that Meta prioritizes getting VR apps with different capabilities onto its platform, saying such VR "use cases" are "like Pokemon for us, we have to collect them all."

  4. December 16, 2022

    Meta Calls FTC Expert's Market Definition 'Fatally Unreliable'

    Meta asked a California federal court to toss out the opinion of the Federal Trade Commission's economist that supported the agency's bid to block the company's deal to buy virtual reality device app developer Within, arguing that the expert relied on a "nonsensical" survey he didn't oversee.

  5. December 14, 2022

    Antitrust Judge Asks VR Co. Exec: 'Why Sell To Meta?'

    A California federal judge presiding over the Federal Trade Commission's challenge of Meta Platforms Inc.'s acquisition of Within probed the virtual reality fitness app-maker's president Wednesday on his testimony that the deal was driven by Within's desire to bring VR to more people, asking, "Why sell to Meta? Why not stay in the game?"

  6. December 13, 2022

    VR Market Control Keeps Zuckerberg Up At Night, Judge Told

    An economist hired by the Federal Trade Commission testified in an evidentiary hearing Tuesday that Meta's acquisition of virtual reality fitness app developer Within Unlimited Inc. would eliminate rivals and make Meta a VR monopolist, saying "fitness is the linchpin to owning VR," and that's "what keeps Mr. Zuckerberg up at night."

  7. December 09, 2022

    Meta's Within Buy Meant To Boost VR Use, Exec Tells FTC Atty

    A Meta executive testifying in a California federal court hearing that's testing the Biden administration's challenge to the tech giant's acquisition of virtual reality fitness app developer Within Unlimited said Friday that Meta was looking for ways to increase use of its VR equipment and that workout programs encourage habitual use.

  8. December 08, 2022

    FTC Says Meta Crying Wolf At Hearing To Pause Within Deal

    The Federal Trade Commission urged a California federal judge at the start of a seven-day evidentiary hearing Thursday to pause Meta's purchase of virtual reality fitness app maker Within Unlimited while the agency investigates whether the deal is anti-competitive, scoffing at Meta's claim that a preliminary injunction will kill the deal.

  9. December 06, 2022

    FTC To Test Meta's Future Reality In VR Merger Fight

    The Federal Trade Commission is set Thursday to kick off the biggest courtroom test yet of its Biden-era efforts to ramp up antitrust enforcement as the agency tries to convince a California federal judge to temporarily block Meta's proposed purchase of virtual reality app developer Within Unlimited.

  10. December 05, 2022

    FTC, Meta To Face Off In 36-Hour Antitrust VR Merger Hearing

    A California federal judge laid out ground rules Monday for an upcoming seven-day evidentiary hearing over the Federal Trade Commission's antitrust bid to block Meta Platforms Inc.'s planned purchase of virtual reality app developer Within Unlimited Inc., giving each side roughly 18 hours to present its case.

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!