US federal judge denies US FTC request to stop Meta from acquiring virtual reality content maker

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WASHINGTON : A U.S. judge issued a public ruling on Friday evening that denies a request by the U.S. Federal Trade Commission to stop a plan by Meta Platforms Inc to buy virtual reality content maker Within Unlimited, nixing regulators’ attempt to block the deal over concerns it would reduce competition in a new market.

The ruling had been issued in a sealed form earlier this week.

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