EU Antitrust Authorities Take Metaverse Into Crosshairs as They Mull Regulatory Moves

EU Antitrust Authorities Take Metaverse Into Crosshairs as They Mull Regulatory Moves
European Commission Vice President Margrethe Vestager addresses a press conference on an antitrust case at the EU headquarters in Brussels on July 8, 2021. Kenzo Tribouillard/AFP via Getty Images
Tom Ozimek
Updated:

European Union antitrust authorities are taking a hard look at the metaverse to better understand its implications for consumers and competition as they mull moves to regulate the budding network of virtual worlds.

Margrethe Vestager, the EU’s antitrust tsar, told an online event organized by German newspaper publishers that the emergence of the metaverse—a digital space where users can work, socialize, and play—poses new challenges for regulators as they seek to understand the technology and its implications more deeply before pressing ahead with regulations.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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