Meta to Defend Its Metaverse Strategy in Court

The video discusses Meta's attempt to acquire the VR startup Within, highlighting the FTC's opposition due to potential future anti-competitive effects in the VR fitness market. The acquisition is crucial for Meta's expansion into VR, similar to past acquisitions like Instagram and WhatsApp. Shareholders are cautious but hopeful about the VR future. The FTC's legal argument is unusual, focusing on future market competition, which could set a precedent if successful.

How does the FTC view the potential impact of Meta's acquisition on the virtual reality fitness market?

What are the implications if the judge grants the FTC's injunction to block the deal?