US sues to stop Facebook from buying Within

The US Federal Trade Commission sought a court order on Wednesday to block Facebook parent Meta Platforms from buying virtual reality (VR) content maker Within Unlimited.

The FTC, in a request filed on Wednesday in federal court in San Francisco for a temporary restraining order and preliminary injunction, called Facebook a “global technology behemoth,” noting its ownership of popular apps including Instagram, Messenger and WhatsApp, and said its “campaign to conquer VR” began in 2014 when it acquired Oculus, a VR headset manufacturer.