Luxembourg’s Antitrust Authority Initiates Probe into Blockchain and Web3 Competition

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Luxembourg’s Antitrust Authority Initiates Probe into Blockchain and Web3 Competition

A country in Western Europe, Luxemburg, is making moves amid actions by individual jurisdictions in the European Union for dedicated crypto regulations. 
 In the latest development, the country’s competition regulator, Autorité de la Concurrence, launched a market study on Web3 and Blockchain-based firms.
The regulator seeks to understand the relationship between blockchain-based products and services and existing digital companies (Web2 firms). …
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