* Meta Platforms Inc.'s Oculus unit is being investigated by the U.S. Federal Trade Commission and several states over whether it engaged in anti-competitive practices, Bloomberg reported, citing anonymous sources.

* The FTC and several state attorneys general have questioned third-party developers as part of the probe, Bloomberg said.

* The FTC declined comment, Bloomberg said, while Meta couldn't be immediately reached for comment.

Full story:

https://www.bloomberg.com/news/articles/2022-01-14/meta-s-oculus-unit-faces-ftc-led-probe-of-competition-practices?srnd=premium-europe&sref=cvDKYV7o

(END) Dow Jones Newswires

January 14, 2022 15:21 ET (20:21 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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