FTC moves to block Meta's purchase of 'Supernatural' VR workout app maker Within
that Meta has the resources and"reasonable probability" of entering the VR fitness market by building its own app. That approach, the agency claims, would"increase consumer choice, increase innovation, spur additional competition to attract the best employees, and yield other competitive benefits.
“The FTC's case is based on ideology and speculation, not evidence. The idea that this acquisition would lead to anticompetitive outcomes in a dynamic space with as much entry and growth as online and connected fitness is simply not credible," a Meta spokesperson told Engadget in a statement."By attacking this deal in a 3-2 vote, the FTC is sending a chilling message to anyone who wishes to innovate in VR.
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