Virtual Worlds, Real Rules: EU Parliament’s First Take on IP in the Metaverse

The European Parliament has taken a significant step in addressing the complexities of trademark rights within the Metaverse, questioning whether these rights are as intangible as the virtual realm itself or as concrete as those in the physical world. In its Resolution, published on October 17, 2024, the Parliament unequivocally states that existing EU laws governing intellectual and industrial property rights—including copyrights, trademarks, patents, designs, and trade secrets—are fully applicable to virtual environments. Thus, while the Metaverse may exist in a digital space, it remains subject to the stringent regulations of European intellectual property law, ensuring that these rights are indeed tangible and enforceable.



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Read the full article on the original webpage:  https://ipwatchdog.com/2024/11/12/virtual-worlds-real-rules-eu-parliaments-first-take-ip-metaverse/id=183128/

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