One more thing: Meta’s road to an acquisition is clearing up

As its stock popped on earnings day, Meta apparently received another good news. The company is allowed to move forward with its acquisition of virtual reality startup Within, according to a Bloomberg report citing a sealed decision by judge Edward Davila.

In June, Federal Trade Commission (FTC) chair Lina Khan had preemptively sought to block Facebook from buying Within Unlimited—the company behind VR fitness app Supernatural—arguing that it would be an anti-competitive deal. The judge’s decision is a blow to Khan and her broader efforts to push the boundaries of antitrust law to block deals before they even materialize.

Another order by Davila issued a temporary restraining order pausing Meta from closing the transaction for a week while the FTC decides whether to appeal his ruling. Separately, an in-house trial before the FTC’s administrative judge is scheduled to begin on Feb. 13.

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