European Commission Creates Strategy for Metaverse

Margrethe Vestager, the European Union's (EU) head of antitrust, wants to ensure that healthy competition exists within metaverses.
 European Commission Creates Strategy for Metaverse
READING NOW European Commission Creates Strategy for Metaverse

Margrethe Vestager, the European Union’s (EU) head of antitrust, wants to ensure that healthy competition exists within metaverses.

According to a published text, at an event in Brussels, European Commissioner for competition and digital affairs Vestager said: “It’s time we started asking what healthy competition should look like in the Metaverse.”

Vestager also touched on the impact of the artificial intelligence service ChatGPT.

Volman: We Need to Make People Feel Safe

The European Commission plans to set policy on virtual worlds in May.

Recently, a senior European Commission official, Yvo Volman, said that the European Union should also consider issues such as non-discrimination, user security and data privacy when considering how to regulate the meta universe.

“We want to make sure that the developments we see in the virtual worlds are in line with our European values ​​from the very beginning, and are fully aligned with values ​​such as respect for privacy, non-discrimination and equality,” said Yvo Volman.

Volman continued his speech with the following sentences: “We need to make people feel as safe in virtual worlds as they do in the real world, maybe even more.”

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