--- title: "In a U.S. lawsuit challenging Facebook's virtual reality agreement, Mark Zuckerberg will testify." description: "CEO of Meta Platforms Inc. Mark Zuckerberg will testify in a case by the Federal Trade Commission (FTC)." author: "Muskan Singh" published: 2022-10-30 updated: 2022-10-30 canonical: https://www.mindstick.com/news/2240/in-a-u-s-lawsuit-challenging-facebook-s-virtual-reality-agreement-mark-zuckerberg-will-testify category: "facebook" tags: ["facebook api", "facebook", "technology", "technology news", "metaverse"] reading_time: 2 minutes --- # In a U.S. lawsuit challenging Facebook's virtual reality agreement, Mark Zuckerberg will testify. [**Mark Zuckerberg**](https://www.mindstick.com/news/2238/in-a-u-s-litigation-involving-facebook-s-virtual-reality-agreement-zuckerberg-will-testify), the CEO of Meta Platforms Inc., will give testimony in a case brought by the Federal Trade [Commission](https://answers.mindstick.com/qa/62212/who-has-been-elected-as-the-first-female-president-of-the-european-commission) (FTC), which **claims that the company's proposed [acquisition](https://www.mindstick.com/news/2246/following-elon-musk-s-acquisition-gm-suspends-its-twitter-advertising) of VR content producer Within Unlimited should be stopped because it would 'substantially lessen [competition](https://www.mindstick.com/articles/23460/5-ways-you-can-use-competition-to-your-benefit) or tend to create a monopoly'** in that market. In a court document delivered on Friday to the U.S. District Court for the Northern District of California, the FTC listed **18 witnesses it intended to cross-examine. Zuckerberg, Within CEO Chris Milk, and Meta Chief [Technology](https://www.mindstick.com/articles/13005/the-functional-aspects-of-laser-technology) Officer Andrew Bosworth were among the witnesses.** Additionally, defendants Meta and Within submitted a witness list on Friday that included their names. The regulator asserts that the proposed acquisition in that market will 'seriously impair competition or seek to create a monopoly.' According to Meta's legal defence, the FTC's conclusory, hypothetical, and contradictory claims don't persuadely present any facts to indicate that any alleged market for **VR Deliberate [Fitness apps](https://answers.mindstick.com/qa/111190/how-do-mobile-fitness-apps-assist-in-dealing-with-health) is 'oligopolistic' as to either behaviour or structure.** For an undisclosed fee, Facebook agreed to purchase Within in October 2021. The FTC charged the business and Zuckerberg with seeking to 'illegally purchase' in July. At the time, John Newman, the deputy director of the FTC's Bureau of Competition, stated: 'Meta is trying to buy its way to the top, rather than competing on the merits.'' The **FTC's complaint has been rejected by Meta, who says it is based on 'idealogy and guesswork, not fact.'** The case might be another expensive setback for a business that is [having trouble](https://answers.mindstick.com/qa/50524/how-to-fix-iphone-8-that-s-overheating-and-having-trouble-turning-on) persuading the public and [Wall Street](https://answers.mindstick.com/qa/41981/why-is-wall-street-seen-as-an-important-economic-center-for-the-united-states) of its [future plans](https://yourviews.mindstick.com/view/87925/elon-musk-s-future-plans). This week, [**Meta**](https://www.mindstick.com/news/2212/reels-support-is-one-of-the-new-features-added-to-facebook-groups) revealed that its Reality Labs VR and AR branch is losing more money than ever in its most recent quarterly report. **The company lost $3.7 billion in Q3 2022.** --- Original Source: https://www.mindstick.com/news/2240/in-a-u-s-lawsuit-challenging-facebook-s-virtual-reality-agreement-mark-zuckerberg-will-testify Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.