Fb’s VR Oculus enterprise probed by U.S. states By Reuters

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©Reuters. FILE PHOTO: A woman holds a smartphone with a Facebook logo in front of a displayed new Facebook rebranding logo meta in this illustration image taken on October 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

By Diane Bartz and Elizabeth Culliford

WASHINGTON (Reuters) – Several states have begun investigating possible violations of how Facebook (NASDAQ:), now known as Meta Platforms Inc, operates its virtual reality Oculus business, according to three sources familiar with the matter.

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 petitioned an appeals court on Friday to reinstate its antitrust lawsuit filed against Facebook in December 2020.

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

The offices of the Attorneys General of New York, North Carolina and Tennessee did not immediately respond to requests for comment.

The investigation was first reported by Bloomberg News.

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