In an era full of giant tech companies devouring smaller tech companies, the Federal Trade Commission is actually trying to stop one such acquisition.
The FTC filed a lawsuit on Wednesday to block Meta from acquiring the VR developer Within, per The Verge. Within is perhaps best known for developing Supernatural VR, a popular VR fitness app. The federal agency’s primary charge is that, in purchasing Within, Meta would be monopolizing VR fitness, given that it already owns another one of the most popular VR workout games in Beat Saber.
“Letting Meta acquire Supernatural would combine the makers of two of the most significant VR fitness apps, thereby eliminating beneficial rivalry between Meta’s Beat Saber app and Within’s Supernatural app,” the FTC’s complaint said.