Meta says it is facing FTC research on its acquisition of VR Workout app ‘Supernatural’

Meta, formerly Facebook, is part of the FTC on various findings that the organization believes can be designed to control space and eliminate competition. According to The Information, one of the purchases the Federal Trade Commission is looking at with its $ 400 million deal find Inside, founders of the well-known exercise program Spirituality to the Oculus platform.

The agency is said to have opened a purchase inquiry after Thanksgiving, about a month after the companies announced their re-purchase in October. If the report is true – even the FTC or companies that have confirmed the review review – then the internal Meta will not be able to complete the contract for another year. It can take longer than that if the agency appeals in court.

Inside was not only the VR developer Meta found, but the others were too small to be explored. VR fitness programs, such as home exercise equipment, became more and more popular during the closing period, and Spirituality became more and more popular with the launch of April 2020. The Information Notes, one of the FTC’s questions is whether Meta is planning to create its own VR fitness program. It will take Meta less time to photograph an existing object than to create its own.

Famous Meta Mark Mark Zuckerberg he said in the past that “it’s better to buy than to compete,” referring to Facebook’s Instagram find. FTC soon issued new antitrust lawsuits against the company, I allege that it used its findings on Instagram and WhatsApp in 2012 and 2014 to protect its position in the market. Meta is also facing a $ 400 million survey Giphy shopping in 2020.