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Potential anticompetitive practices in metaverse could be tackled by DMA, EU officials say

( October 19, 2022, 12:44 GMT | Official Statement) -- MLex Summary: The EU's Digital Markets Act could catch potential anticompetitive practices in the metaverse in the future, either because it already captures some of the relevant services that will be provided in this virtual ecosystem, or because the law can be amended to make room for new gatekeeper services, two EU competition officials have said. Friedrich Wenzel Bulst and Sophie De Vinck said in a blog post that one or more metaverse platforms could potentially become closed ecosystems and lock in customers, and might benefit from strong network effects and be prone to “tipping."See blog post. ...

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