FTC received’t attraction courtroom resolution allowing Meta to purchase Inside

Meta logo in white on red background
Illustration by Nick Barclay / The Verge

The Federal Commerce Fee is not going to attraction a latest federal courtroom order permitting Meta to buy VR startup Inside, an company official advised reporters on Monday.

The FTC sued to cease Meta’s acquisition of Inside, the corporate behind the favored health app Supernatural, final July. The company argued that the acquisition would increase Meta’s dominance within the VR market, pointing to the Oculus maker’s earlier 2019 merger with the corporate behind Beat Saber. Meta fought the swimsuit however later agreed to delay closing the deal till January 31st.

Shortly after the courtroom greenlit the approaching merger on Friday, Meta spokesperson Stephen Peters advised The Verge the corporate is wanting “ahead to closing the transaction quickly.” Meta declined to touch upon…

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