U.S. judge denies FTC request to stop Meta from acquiring VR firm Within

A judge on Friday released a ruling denying the Federal Trade Commission's request to stop Meta Platforms Inc from buying virtual reality content maker Within Unlimited, rejecting the regulator's concerns the deal would reduce competition in a new market. A December trial to decide if Meta could go forward with the relatively small deal was seen as a test of the FTC's bid to head off what it sees as a repeat of the company acquiring small upcoming would-be rivals to dominate a market, this time in the nascent virtual and augmented reality markets.

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