Meta pushes to throw out FTC’s swimsuit over VR health acquisition (NASDAQ:META)

Meta Platforms (NASDAQ:META) is urging a dismissal of the Federal Commerce Fee’s lawsuit trying to block the corporate’s acquisition of Inside Limitless, maker of common digital actuality health app Supernatural.

In a court docket submitting, Meta says the FTC hasn’t proven how its deliberate deal will damage competitors in VR health and says claims about competitors within the younger area are “pure hypothesis,” Bloomberg reported.

In the meantime, the FTC had narrowed its objection to the deal by dropping allegations that Meta’s recreation/”stealth” health app Beat Saber competes with Inside’s Supernatural instantly – saying Beat Saber is simply an “incidental health app,” and that Meta was seemingly planning to create its personal competitor to Supernatural earlier than embarking on the deal.

The company has an uphill climb in proving suppressed competitors in a younger trade, and Bloomberg notes Meta mentioned “The FTC’s try to repair its ill-conceived criticism nonetheless ignores the details and the legislation and depends on pure hypothesis of a hypothetical future state.”

The FTC’s swimsuit has acquired a December court docket date. It had launched a probe final December, shortly after Meta organized the $400M deal.

And each Beat Saber and Supernatural obtained distinguished showcases – and a few teases for upcoming options – throughout Meta’s revelation of the Quest Professional headset throughout Meta Join.