Following the U.S. Federal Trade Commission (FTC) filing an Antitrust Law lawsuit over Meta’s acquisition of Instagram and WhatsApp, it has been rumored that the FTC will investigate the behavior of Meta’s virtual reality technology company Oculus, which is also accused of violating the Antitrust Law. Suspected of the Law.
According to the report, officials from the U.S. Federal Trade Commission (FTC), New York, North Carolina, and Tennessee are conducting antitrust investigations against Oculus developers, accusing Meta of stifling competition in the virtual reality market. About 50 other states that filed a lawsuit against Meta late last year under the Antitrust Act have also asked the court to reinstate the lawsuit.
It is understood that Oculus’s virtual reality glasses Meta Oculus Quest 2 sells for about $299 (about 2,328 Hong Kong dollars), which is significantly lower than other brands of virtual reality glasses. The FTC questioned that Oculus discriminated against third-party competitors with the same technology products, and weakened the competitiveness of third-party through sales tactics, which is suspected of violating the Antitrust Law. The FTC declined to comment on the content of the report.
In addition, the FTC, the U.S. Department of Justice, and German regulators are also investigating Meta’s acquisition of Within, the developer of the virtual reality fitness app “Supernatural”.
source:The Verge
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