Meta announced that it has closed on its purchase of the VR company Within, the developer of the fitness app "Supernatural.

 






Meta announced that it has closed on its purchase of the VR company Within, the developer of the fitness app "Supernatural.

" The Federal Trade Commission (FTC) had tried to block the acquisition on anti-competitive grounds but was unsuccessful.


  • Meta has not disclosed the terms of the deal.
  • The FTC argued that it would stifle competition and "tend to create a monopoly" in the VR market, especially given Meta's previous acquisition of "Beat Saber" studio Beat Games.
  • Last week, a judge denied the FTC's request to block the merger. The FTC has now said it would not appeal that decision, allowing Meta to move forward.
  • On Wednesday, Within confirmed that it is officially joining Meta. The Los Angeles-bases studio is mostly known for "Supernatural," an in-home fitness VR service, but has produced other VR and AR works.


  • The deal marks a win for Meta's VR and metaverse ambitions and a defeat for FTC Chair Lina Khan, who has pledged to crack down on monopoly power in Big Tech.
  • The FTC may now be preparing a possible antitrust lawsuit against Amazon, which may target a wide variety of the company's practices.

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