Italy’s competition authority has launched a fact-finding inquiry into the rapidly expanding quantum computing sector, as reported by Tech-Economic Times. The investigation stems from concerns about a few key players potentially monopolizing access to this cutting-edge technology. This move comes as major cloud computing companies are strengthening their presence in the quantum realm, raising questions about fair competition and market dynamics.
The inquiry aims to collect insights from the market to better understand the landscape of quantum computing. Of particular interest are the early acquisitions of quantum startups, which could impact competition in the sector. The regulator is working towards completing its review by the end of the year, signaling a proactive stance in safeguarding a competitive environment within the quantum computing industry.
Source: Tech-Economic Times