The Biden administration on Thursday accused Meta Platforms Inc of attempting to monopolize the virtual reality market. In an opening statement, FTC lawyer Abby Dennis argued that Meta's acquisition of Within was part of its plan to acquire new and more diverse virtual reality users. Dennis said the acquisition would allow Meta to complement its existing virtual reality users, who tend to be younger and more focused on gaming. She added that it would give Meta access to Within's popular subscription-based virtual reality workout app Supernatural. "Meta's proposed acquisition of Within is an attempt to gain a monopoly on the virtual reality market," Dennis said. "It would allow them to control the supply of virtual reality products and services, and raise prices for consumers." The Biden administration is asking the court to block the acquisition and impose a fine on Meta. The company has denied any wrongdoing and said that it is committed to providing a competitive marketplace for virtual reality products and services. The case is expected to go to trial in the coming months. It could have far-reaching implications for the virtual reality market, as it could set a precedent for how companies can use acquisitions to gain a competitive advantage.