Is Facebook cornering the VR market?
Imagine that, over the past year, Facebook had managed to acquire the battle royale game Fortnite, the kid-focused game creation engine Roblox, and the best-selling game of 2020, Call of Duty: Black Ops Cold War.
For many reasons, such a spree of acquisitions would never happen. One of the biggest is that antitrust scrutiny has made it increasingly difficult for Facebook to acquire anything that resembles a social network. It was more than a year ago that the company bought the moribund GIF search engine Giphy, which had few prospects for success as a standalone company; the United Kingdom’s competition watchdog has so far blocked the deal from closing, warning the acquisition would somehow harm Facebook’s competitors.
And yet if you…
Content courtesy of TheVerge.com published on , original article here.