Meta Platforms Inc Chief Executive Officer Mark Zuckerberg will testify in a case by the Federal Trade Commission (FTC) that argues the company's proposed deal to buy virtual reality (VR) content maker Within Unlimited should be blocked.
In a court document filed with U.S. District Court Northern
District Of California on Friday, the FTC listed 18 witnesses it plans to
question, including Zuckerberg, Within CEO Chris Milk and Meta Chief Technology
Officer Andrew Bosworth.
They were also on a list of witnesses submitted on Friday by
defendants Meta and Within.
In addition to defending the Within acquisition, Zuckerberg
is expected to be questioned about the Facebook-parent's strategy for its VR
business, as well as the company's plans to support third-party developers,
according to the court document.
The FTC had filed a lawsuit in July saying that Meta's
acquisition of Within would "tend to create a monopoly" in the market
for VR-dedicated fitness apps.
The regulator argues that the proposed deal would
"substantially lessen competition or tend to create a monopoly" in
that market.
Meta, in court documents, has argued that "the FTC's
conclusory, speculative, and contradictory allegations do not plausibly plead
any facts to establish that any supposed market for VR Deliberate Fitness apps
is 'oligopolistic' as to either behavior or structure."
Facebook agreed to buy Within in October 2021 for an
undisclosed sum.
0 comments:
Post a Comment