August 14, 2022

This past week has been rough for Meta. Among the news of another quarter of lower-than-hoped-for revenue is the possibility of reduced sales of the Meta Quest 2, thanks to the newly increased price of the headset. As of August 1, the Quest 2 will be $100 more expensive. If things didn’t seem like they could get worse, Meta is now facing a lawsuit from the FTC, alleging that it has created a monopoly on VR fitness apps.

But the FTC is missing the forest for the trees with this suit (opens in new tab) which, at its core, states that Meta cannot lawfully acquire two companies that make the two most popular VR fitness games (opens in new tab). Those are Beat Games — the makers of the ever-popular Beat Saber, which Meta purchased years ago — and last October’s announcement of the acquisition of Within, the company that makes the fitness-focused Supernatural.