This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Meta alleges uncertainties about US FTC expert report as VR fitness app antitrust hearing looms this week

By Mike Swift ( December 5, 2022, 22:45 GMT | Insight) -- A two-week evidentiary hearing over whether Meta Platforms will be able to move forward with its purchase of virtual reality app-maker Within will start Thursday. Today, Meta provided a peek at its strategy to stop the US Federal Trade Commission from blocking the deal, telling a federal judge a key FTC expert’s survey relies on “a Russian nesting doll” of uncertainty in trying to define a market for VR fitness apps.Meta Platforms provided a peek at its strategy to stop the US Federal Trade Commission from blocking its purchase of virtual reality app-maker Within at an evidentiary hearing set to begin Thursday, with Meta telling a federal judge today that a key FTC expert’s survey relies on “a Russian nesting doll” of uncertainty....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login