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Meta's Oculus VR business under investigation by FTC, multiple states: report

The Federal Trade Commission and a group of states including New York, Tennessee and North Carolina have reportedly launched an investigation into Meta's Oculus unit.
Tags: Finance, Meta, North Carolina, Federal Trade Commission, Ftc, New York Tennessee


Meta's Oculus Unit Faces FTC-Led Probe of Competition Practices

The U.S. Federal Trade Commission and multiple states are investigating Meta's virtual reality unit Oculus over potential anti-competitive practices. Bloomberg reports: The FTC and a group of states led by New York have quizzed outside developers that make Oculus apps in recent months as part of the inquiry, the people said. The officials have been scrutinizing how Meta, the world's largest social media company, may be using its market power in the VR space to stifle competition, said the people...
Tags: Mark Zuckerberg, New York, Tech, Bloomberg, Meta, North Carolina, Ftc, Zuckerberg, U S Federal Trade Commission, HTC Corp, New York Tennessee


California Among 36 States Targeting Google’s App Store In Antitrust Suit

SAN RAMON, Calif. (AP/CBS13) — Dozens of states, including California, are taking aim at Google in an escalating legal offensive on Big Tech. This time, attorneys general for 36 states and the District of Columbia have filed a lawsuit targeting Google’s Play store, where consumers download apps designed for the Android software that powers most of the world’s smartphones. The 144-page complaint filed late Wednesday in a Northern California federal court represents the fourth major antitrust laws...
Tags: Apple, Google, Facebook, Utah, Minnesota, Congress, California, America, North Carolina, District Of Columbia, Federal Trade Commission, Epic Games, Northern California, U S Justice Department, Alphabet Inc, Mountain View California