FTC won't appeal court loss that allows Meta/Within deal to proceed
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The Federal Trade Commission has elected not to appeal its loss in a suit where the agency tried to prevent Meta Platforms' (NASDAQ:META) from acquiring virtual reality start-up Within Unlimited, according to media reports.
Within is known for creating the popular VR fitness app Supernatural, and Meta proposed to acquire it for a reported $400M. The FTC moved to block that deal last summer.

But Judge Edward Davila last week denied the FTC's request to block the transaction, and paused the ruling by a week to allow for consideration of an appeal.
Now the FTC reportedly won't pursue such an appeal, though it's still undecided on whether it will push for an in-house trial of the issue using its internal system. Such an internal case is set to go to trial next week, though going that route would be unusual for the FTC.