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The
Federal Trade Commission had filed a lawsuit in July saying that
Meta's acquisition of Within Unlimited Inc would "tend to create
a monopoly" in the market for virtual reality-dedicated fitness
apps.
The amended complaint focuses on the virtual reality dedicated
exercise app market. One of these apps is Within's Supernatural,
which is available only on Meta's VR devices. It argues that the
proposed deal would "substantially lessen competition or tend to
create a monopoly" in that market.
The complaint drops allegations related to the broader VR
fitness app market which also includes dance apps and others
that encourage physical activity but are not purely focused on
exercise.
Meta, which has said it would fight the lawsuit, said, "What
remains of the FTC's case are speculative claims that continue
to lack support in either the facts or the law."
(Reporting by Diane Bartz in Washington and Katie Paul in Palo
Alto, Calif.; Editing by Matthew Lewis)
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