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Meta is pausing the acquisition of Within until January 1st 2022 or pending a court decision.
The FTC believes that Meta’s Supernatural acquisition would severely limit the market for VR fitness apps
Meta, on the other hand, argues that the FTC based on ideology and speculation rather than evidence. The lawsuit is “a chilling message to anyone looking to innovate in VR.” Meta is confident that the acquisition will be “good for people, developers and the VR industry.”
In January 2022 Bloomberg reported that the FTC is asking around in the industry and asking VR studios about Meta’s business practices. Meta also bought exclusive rights to the displays of the British manufacturer Plessey and in December ImagineOptix, which develops special lenses for tech glasses.
Quest 2’s pricing is also criticized: The VR -Glasses are massively cross-subsidized by money from the advertising business and are therefore offered by Meta below the prices of its competitors. The recently announced price increase for Quest 2 may be related to the FTC hearing.
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