Tech

Meta’s VR Oculus Company Would Be Under Investigation by US States

Multiple states have begun investigating possible violations in the way Facebook, now known as Meta Platforms, runs its virtual-reality Oculus business, according to three sources familiar with the case.

Two of the sources said the US Federal Trade Commission was also involved in the antitrust investigation. Meta did not immediately respond to a request for comment.

New York, North Carolina and Tennessee were among the states involved in the investigation, a source said. A group of nearly 50 states also asked an appeals court on Friday to reinstate their December 2020 antitrust lawsuit against Facebook.

The investigations into Facebook’s Oculus business are part of the larger investigation, one of the sources said.

The New York, North Carolina and Tennessee Attorney General’s offices did not immediately respond to requests for comment.

The investigation was first reported by Bloomberg News.

© Thomson Reuters 2022


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