Meta Seeks Dismissal of FTC’s Antitrust Lawsuit Over Fitness App
The U.S. District Court in San Jose should dismiss the FTC’s amended antitrust complaint seeking to block Meta’s acquisition of Within Unlimited, Meta argued in a filing Thursday in 5:22-CV-04325 (see 2210110015). The agency’s complaint relies on speculation about what…
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Meta might have done had it attempted to enter the virtual fitness market with its own product instead of purchasing an alleged competitor, the company said. The agency makes assumptions that Within would have competed “harder” based on fear of Meta’s entry. The agency fails to present facts establishing a “concentrated market with high barriers to entry,” said Meta.