EU’s Vestager says scrutiny of competition in metaverse already needed

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Reuters UK

By Foo Yun Chee BRUSSELS (Reuters) – The metaverse, shared virtual worlds accessible via the Internet, is the next digital market to attract regulatory scrutiny, EU antitrust chief Margrethe Vestager said on Thursday. The metaverse has come into sharper focus since Facebook changed its name to Meta Platforms two years ago to reflect its bet on the new sector as the successor to the mobile internet. That move has in turn triggered concerns about Meta’s possible dominance. Alphabet’s Google and Microsoft are also active in generative artificial intelligence that the industry sees as the new brig…

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