Meta's Oculus Unit Under FTC-Led Antitrust Probe, Bloomberg Reports
January 14 2022 - 3:36PM
Dow Jones News
* Meta Platforms Inc.'s Oculus unit is being investigated by the
U.S. Federal Trade Commission and several states over whether it
engaged in anti-competitive practices, Bloomberg reported, citing
anonymous sources.
* The FTC and several state attorneys general have questioned
third-party developers as part of the probe, Bloomberg said.
* The FTC declined comment, Bloomberg said, while Meta couldn't
be immediately reached for comment.
Full story:
https://www.bloomberg.com/news/articles/2022-01-14/meta-s-oculus-unit-faces-ftc-led-probe-of-competition-practices?srnd=premium-europe&sref=cvDKYV7o
(END) Dow Jones Newswires
January 14, 2022 15:21 ET (20:21 GMT)
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