The U.S. Federal Trade Commission rejected Meta‘s request to prohibit chair Lina Khan from an antitrust from an antitrust case challenging the company’s proposed takeover of a virtual-reality startup, Bloomberg’s Leah Nylen and Emily Birnbaum report. The agency voted 2-1 in the chair’s favor, with the one Republican on the commission dissenting, the authors say, citing a court filing. Reference Link
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on META:
- Earnings season driving record option volume
- Analysts Praise META Results – Stock is Up 20%
- Meta Platforms price target raised to $200 from $125 at Deutsche Bank
- Meta Platforms price target raised to $225 from $160 at RBC Capital
- Meta Platforms reported fundamentals still deteriorating, says Needham