HomeBusinessFacebook's VR Oculus business probed by US states

Facebook’s VR Oculus business probed by US states

WASHINGTON : Multiple states have begun investigating potential violations in how Facebook, now often called Meta Platforms Inc, runs its virtual-reality Oculus business, in response to three sources aware of the matter.

Two of the sources stated the U.S. Federal Trade Commission was additionally concerned within the antitrust investigation. Meta didn’t instantly reply to a request for remark.

New York, North Carolina and Tennessee have been among the many states concerned within the inquiry, one supply stated. A bunch of virtually 50 states additionally requested an appeals courtroom on Friday to reinstate their antitrust lawsuit, filed in December 2020, towards Facebook.

The inquiries into Facebook’s Oculus business are a part of the bigger probe, one of many sources stated.

The workplaces of the New York, North Carolina and Tennessee attorneys basic didn’t instantly reply to requests for feedback.

The inquiry was first reported by Bloomberg News.

(Reporting by Diane Bartz in Washington and Elizabeth Culliford in New York; Editing by Matthew Lewis)



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