Lina Khan was right about the metaverse
Airfind news item
By Victoria Song
Published on March 19, 2026.
The FTC's lawsuit against Meta, a virtual gaming studio, was dismissed as an attempt to rein in Big Tech but highlighted the human cost of the acquisition of the company, which shut down Supernatural, a popular fitness game called Supernatural five years later. Despite losing billions in VR, Meta invested heavily in the virtual world and announced plans to buy the independent VR gaming studio Within for $400 million. The company then announced it would no longer create new content for Supernatural and lay off most of its staff, leaving a community of fans feeling abandoned and betrayed by a company promising innovation. Khan argues that the acquisition's human cost was clear and an example of why antitrust law matters. He also notes that Big Tech companies like Google, Amazon, Microsoft, and Microsoft have made over 800 acquisitions that went unchallenged for a few years. However, Khan points out that even if you have the biggest firms in the social media space, they can still influence it.
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