Meta acquisition of VR company is challenged in court

Meta Platforms has been unsuccessful in its bid to have the case dismissed after arguing the US failed to prove the virtual reality market is concentrated with high barriers to entry.

Facebook’s Meta logo sign is seen at the company headquarters in Menlo Park, California (Tony Avelar/AP)

US federal regulators will open their campaign to block Facebook parent Meta’s acquisition of a virtual-reality company.

Opening statements will begin on Thursday in a San Jose, California, courtroom.