U.S. federal judge denies U.S. FTC request to stop Meta from acquiring virtual reality content maker

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WASHINGTON (Reuters) – A U.S. judge issued a public ruling on Friday evening that denies a request by the U.S. Federal Trade Commission to stop a plan by Meta Platforms Inc (NASDAQ:META) to buy virtual reality content maker Within Unlimited, nixing regulators’ attempt to block the deal over concerns it would reduce competition in a new market.

The ruling had been issued in a sealed form earlier this week.