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#antitrust

3 articles found

Meta spent $400 million and fought the US government to buy a VR fitness app, then let its creators take it back

In 2023, Meta fought an eight-month antitrust battle with the Federal Trade Commission for the right to acquire Within, the studio behind the VR fitness app Supernatural. The deal was reportedly worth around $400 million. Mark Zuckerberg even testified in court to get it done. Less than three years

#meta#vr-fitness#antitrust#acquisition#virtual-reality

· 2 days ago· The Next Web

Apple agrees to hand India the financials it spent months trying to withhold

For months the fight in India’s App Store antitrust case was not really about app stores. It was about a spreadsheet. The Competition Commission of India wanted Apple’s financial records; Apple did not want to give them up, least of all the global ones. On 3 June, Apple agreed to submit the financia

#apple#antitrust#india#app-store#competition

· 4 days ago· The Verge AI

Microsoft Under Scanner: Next Big Tech Antitrust Battle Looms

Over the past several years, Microsoft has largely managed to withstand populist calls to break up Big Tech while peers faced sweeping lawsuits. But a probe by the Federal Trade Commission suggests that grace period could be nearing an end. Earlier this year, Bloomberg outlined the contents of civil

#antitrust#big-tech#microsoft#tech-regulation#federal-trade-commission