Published 2 years ago

Facebook's VR Oculus business probed by U.S. states

Summary by Ground News

The FTC and multiple state attorneys general are probing Meta's virtual reality division for potential anti-competitive practices. New York reportedly leads the state-level investigation, which has been chatting up outside software developers who make apps for Meta's VR experience. The officials were also interested in how the company subsidizes the price of its Quest 2 VR headset.

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Reuters

Facebook's VR Oculus business probed by U.S. states

By Diane Bartz and Elizabeth Culliford WASHINGTON - Multiple states have begun investigating potential violations in how Facebook, now known as Meta Platforms Inc, runs its virtual-reality Oculus business, according to three sources familiar with the matter. Two of the sources said the U.S. Federal Trade Commission was also involved in the antitrust investigation. Meta did not

2 years ago·United Kingdom

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NDTV

Meta's VR Oculus Business Said to Be Probed by US States

Multiple US states have begun investigating potential violations in how Facebook, now known as Meta Platforms, runs its virtual-reality Oculus business, according to three sources familiar with the...

2 years ago·New Delhi, India

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The Hill

States push forward with Facebook antitrust case, reportedly probe VR unit

A bipartisan coalition of state attorneys general are pushing forward with their antitrust investigations into Facebook parent company Meta, with an appeal in their case based on its prior acquisitions and a re

2 years ago·Washington, United States

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c|net

Facebook parent Meta reportedly facing another antitrust probe

The US Federal Trade Commission and multiple states are reportedly looking into potential anticompetitive practices by Meta's virtual reality division, Oculus.

2 years ago·New York, United States

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TechCrunch

The FTC is reportedly probing Meta's VR business for antitrust violations

Following news that the FTC's antitrust suit against Meta cleared a critical hurdle earlier this week, the agency is apparently also taking a sharp interest in the company's VR business. Bloomberg reports that the FTC and multiple state attorneys general are probing Meta's virtual reality division for "potential anti-competitive practices." New York reportedly leads the state-level investigation, which has been chatting up outside software dev…

2 years ago·United States

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The Verge

The FTC is reportedly investigating Meta’s VR division for antitrust violations

Illustration by Alex Castro / The VergeThe US Federal Trade Commission and at least three states are investigating Meta for antitrust violations in its virtual reality division, according to Bloomberg. The report says the FTC and attorneys general from New York, Tennessee, and North Carolina began speaking last year with third-party VR developers who have concerns about Meta’s business practices. It’s one of multiple probes into Meta’s dominance…

2 years ago·United States

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