Meta’s VR Buy Gets Reprieve From FTC’s In-House Challenge (1)

The Federal Trade Commission halted its in-house lawsuit challenging Meta Platform’s acquisition of VR developer Within Unlimited, following the agency’s failure to stop the deal in federal court.

The order withdrawing the case from FTC adjudication was signed Feb. 10 by April Tabor, Secretary of the Commission, whose office serves as the FTC’s clerk in its adjudicative proceedings.

The withdrawal suspends an evidentiary hearing scheduled before an administrative law judge for Feb. 13. But it allows the FTC to revive the challenge in front of the in-house judge further down the line, the FTC noted.

“The FTC is still deciding ...