Meta’s VR Fitness Expansion Looking Up as Feds Loosen Monopoly Restrictions
The Wall Street Journal reported, and now the agency has backed away from alleging that the deal would undermine existing competition between Meta and Within, a key component of the case for blocking the deal.The Journal said paring back the case “appears to conform with some of Meta’s criticism” of it, including the company’s argument that Meta’s music-based game “Beat Saber” is targeted at fitness users.Meta said Friday that the FTC’s lawsuit is still built “on ideology, not evidence,” the Journal reported, citing a Meta spokesman, who added, “What remains of the FTC’s case are speculative claims that continue to lack support in either the facts or the law.” Looking to the FTC’s original case, they argued that Meta is a key player in the VR fitness sector. “The company’s virtual reality empire includes the top-selling device, a leading app store, seven of the most successful developers, and one of the best-selling apps of all time,” it said in a press release upon bringing the suit that would block the sale.