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FTC Drops Some Claims in Bid to Block Meta’s Merger With Virtual Reality App

  • FTC seeks to pare claims against Meta over virtual-reality app
  • Federal judge has set two-week hearing on case in December
An attendee wears a Meta virtual reality headset at the Tokyo Game Show 2022 in Chiba, Japan.

An attendee wears a Meta virtual reality headset at the Tokyo Game Show 2022 in Chiba, Japan.

Photographer: Kiyoshi Ota/Bloomberg
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The US Federal Trade Commission pulled back in its first preemptive challenge to a takeover by Meta Platforms Inc., dropping some claims from a lawsuit that seeks to block the tech giant’s acquisition of virtual reality app Within Unlimited.

The agency, which sued to block the deal on antitrust grounds July 27, said it asked US District Judge Edward Davila Friday to let it remove some allegations about anticompetitive effects in the market for virtual-reality fitness apps.