Facebook's VR Oculus business probed by U.S. states

WASHINGTON, Jan 14 (Reuters) - Multiple states have begun investigating potential violations in how Facebook, now known as Meta Platforms Inc (FB.O), runs its virtual-reality Oculus business, according to three sources familiar with the matter.

Two of the sources said the U.S. 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 inquiry, one source said. A group of almost 50 states also asked an appeals court on Friday to reinstate their antitrust lawsuit, filed in December 2020, against Facebook. read more

The inquiries into Facebook's Oculus business are part of the larger probe, one of the sources said.

The offices of the New York, North Carolina and Tennessee attorneys general did not immediately respond to requests for comments.

The inquiry was first reported by Bloomberg News.

Reporting by Diane Bartz in Washington and Elizabeth Culliford in New York Editing by Matthew Lewis

Our Standards: The Thomson Reuters Trust Principles.

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Focused on U.S. antitrust as well as corporate regulation and legislation, with experience involving covering war in Bosnia, elections in Mexico and Nicaragua, as well as stories from Brazil, Chile, Cuba, El Salvador, Nigeria and Peru.

Thomson Reuters

Technology correspondent in New York, reporting on social media companies and their impact. Previously based in San Francisco and London, she worked on digital, graphics and investigative teams and covered the U.S. 2020 presidential election. She was part of a Reuters reporting team that won Gerald Loeb, Scripps Howard and SABEW Best in Business awards.