EU Metaverse Policy: The Need For Fairness, Security, and Privacy

Key Points:

• A senior member of the European Commission stated on Friday that while deciding how to regulate the metaverse, the EU must take into account problems like non-discrimination, user safety, and data privacy.
• EU’s regulatory framework aim to limit the dominance of large businesses like Google and Amazon in the internet market.

A senior member of the European Commission stated on Friday that while deciding how to regulate the metaverse, the EU must take into account problems like non-discrimination, user safety, and data privacy.

The EU’s executive branch is getting ready to lay down its approach on virtual worlds in a policy document due in May, and the group wants to avoid mistakes it claims were made with internet legislation in the past.

“We want to make sure that the developments that we see in virtual worlds are fully in line with our European values from the outset – values such as inclusion, respect of privacy, non-discrimination and equality,” Yvo Volman, director of data at the European Commission’s digital department, DG Connect, said at an event hosted by the Commission in Brussels.

We need to ensure that people feel as secure in virtual worlds as they do in the real one, if not more so, he said. “We need to ensure that people have the knowledge and resources necessary to safeguard their data in virtual environments.”

Volman stated, “We need to do it right from the beginning. “With the introduction of the internet, we may have made certain mistakes that we need to avoid.”

Recent developments in the EU’s regulatory framework aim to limit the dominance of large businesses like Google and Amazon in the internet market.

The powerful antitrust division of the commission’s officials has already raised concern that similar issues could arise in Web3, such as from the social media network business Facebook, which has changed its name to Meta Platforms in an effort to establish its own virtual reality environment online.

Volman mentioned some advantages of the metaverse, such as online medical care or education, but added that “we also have to face the drawbacks.”

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