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Meta asked the court to dismiss the FTC antitrust lawsuit, saying that the VR market accusation came entirely from conjecture

Shulou Source: shulou.com Published: 2023-11-24 11:07:42 10月01日 Update

Beijing time on October 14 morning news, According to reports, Previously, Facebook platform parent company Meta was the United States Federal Trade Commission (FTC) second antitrust lawsuit, FTC asked the court to block Meta acquisition virtual reality software manufacturer "Within Unlimited" deal. On Thursday, Meta formally asked the court to dismiss the FTC lawsuit.

A Meta spokesman said on the same day that the FTC had no basis for Meta's lawsuit. The plaintiff recently amended the complaint, but the new accusation also had no legal and factual basis and relied entirely on subjective speculation about the future of the fictional real market.

The FTC amended its complaint this month, tweaking the charges slightly, but leaving the broader charges unchanged. As one of the two major antitrust enforcement agencies of the US federal government, the FTC lawsuit focuses on the market for fitness software for virtual reality devices and Supernatural, a fitness software owned by Within (currently only available for Meta's virtual reality devices).

The FTC alleges that Meta's acquisition of Within would severely weaken competition and create an exclusive monopoly in the virtual reality fitness software market.

On the same day, Meta filed a judicial motion with the court, saying that the FTC's antitrust accusation was contradictory and purely self-conjectural, and that the FTC had no factual basis to prove that the so-called "virtual reality equipment fitness software market" had oligopolistic behavior or structure.

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