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Meta Pauses Purchase of ‘Supernatural’ Developer as FTC Suit Proceeds

  • FTC sued to block the purchase over antitrust concerns
  • Meta says it will ‘vigorously defend this deal in court’
Within's Supernatural

Within's Supernatural

Source: Within

Updated on

Meta Platforms Inc., the owner of Facebook, has agreed to pause its acquisition of the virtual reality company Within Unlimited Inc., which makes the fitness app Supernatural.

The Federal Trade Commission sued to block the purchase, saying it would help Meta on a path to a monopoly in virtual reality. Now, lawyers for the government and the company have told a federal judge in California they’ve agreed that the Within acquisition will not close until Jan. 1, or until the court rules on the FTC’s injunction to block the transaction, whichever comes first.