Meta’s Zuckerberg testifies at VR antitrust hearing

December 21, 2022

At a hearing in San Jose, CA, seeking to determine if the Federal Trade Commission will block Meta’s purchase of a virtual reality (VR) fitness game startup, Mark Zuckerberg, Meta’s CEO, admitted that yes, his company is β€œtrying to shape the future of technology.” Given that the VR market is still in its infancy, such a move by the FTC would seem to set a new precedent in preventing Meta from cornering a market that has not yet taken hold.