Metaverse needs healthy competition ── EU antitrust officer mentions | coindesk JAPAN | Coindesk Japan

As the European Commission (EC) prepares to unveil its strategy for online virtual worlds in May, the EC’s head of antitrust, Margrethe Vestager, said the metaverse is also sound. He said he wanted to make sure there was competition.

“It’s time to start asking what healthy competition looks like in the metaverse,” said Vestager, EC’s competition and digital chairman, at an event in Brussels, Belgium. She also mentioned the impact of ChatGPT, an artificial intelligence (AI) service.

The EU recently enacted legislation to stop online platform giants like Meta from blocking smaller rivals, and officials are already saying that the Metaverse will not only protect against discrimination and safety, but also when it comes to competition. I’m starting to consider whether I need it.

｜Translation: coindesk JAPAN
｜Editing: Toshihiko Inoue
｜Image: Margrethe Vestager (Shutterstock)
｜Original: Metaverse Competition Issues Need Addressing, EU Antitrust Chief Says