EU Antitrust Officials Are Worried About Competition in the Metaverse

A big company that forms a closed ecosystem “may constrain its consumers, business partners and competitors in numerous ways,” forcing them to buy products from that company, charging exorbitant prices or misusing people’s personal information, said Friedrich Wenzel Bulst and Sophie De Vinck of the European Commission’s antitrust unit. The European Commission is the EU’s governing body.

Source: https://www.coindesk.com/policy/2022/10/19/eu-antitrust-officials-are-worried-about-competition-in-the-metaverse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines