The following quote can be attributed to Bruce Gustafson, CEO of the Alliance:
“Entrepreneurs and VCs rely on predictable and rational markets when they invest in innovation. For many small developer-led companies that includes the potential to have their project acquired by a larger company with the resources to drive commercial scale. Large companies have outsourced R&D this way for many decades – this isn’t new. We thank Meta for championing developer innovators, and encourage the FTC to allow tomorrow’s innovators equal freedom to succeed.
The following quote can be attributed to Politico:
“In a pair of sealed rulings, U.S. District Judge Edward Davila declined to issue a preliminary injunction against the deal while the FTC pursues a separate case in its in-house administrative court, according to a person with knowledge of the matter.” Read full article HERE