Meta completes virtual reality deal after US court win

The courtroom loss was seen as a setback for FTC head Lina Kahn, who has been an advocate of imposing tougher scrutiny on Big Tech companies on antitrust matters. — Photo by JOSH EDELSON/AFP

WASHINGTON: Facebook-owner Meta finalized its buyout of virtual reality firm Within Unlimited, the VR company's chief executive said, after a court rejected an attempt by US regulators to block the deal over competition concerns.

A spokesperson for the Federal Trade Commission told AFP on Thursday that it would not appeal the February 1 decision.