Today sees the unveiling of the ‘Metaverse Competition Agency‘ (MCA) by four academics, two of whom specialize in antitrust law. One of them is Thibault Schrepel who wrote the book, “Blockchain + Antitrust”. The organization’s work will start in Decentraland, but it plans to expand into multiple virtual worlds.
They aim to monitor innovation as the metaverse develops and explore competition issues in this greenfield space. “The MCA studies how economic competition emerges, evolves, and ends,” says the agency in a whitepaper.
One of the key appeals is as a “clean sheet experiment” where they can “study economic competition unencumbered by any baggage from the past.”
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