The Verge: FTC opens antitrust probe into Meta’s purchase of VR fitness app Supernatural

The Verge: FTC opens antitrust probe into Meta’s purchase of VR fitness app Supernatural. “The probe means that antitrust regulators are starting to scrutinize the-company-formally-known-as-Facebook’s interest in scooping up VR startups, not just its traditional social media acquisitions. According to The Information’s Josh Sisco, Meta’s previous five virtual reality acquisitions, including its deal for the studio behind hit game Beat Saber, weren’t probed by the government because the purchase prices were too small. ‘But those regulators are slowing down the $400 million-plus Supernatural deal, according to two people with knowledge of the situation,’ the report notes.”

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