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blockchain may reduce them to a smaller level. In the meantime, the very nature of the technology raises fundamental questions … describing the challenges that blockchain presents for analyses of unilateral anticompetitive practices and proposing some … article argues that, because blockchain is decentralized, anonymous, and immutable, questions arise regarding the ability to …
Persistent link: https://www.econbiz.de/10012899077
framework for digital platforms. This paper proposes a different solution by exploring the adoption of a blockchain system and … ineffective. This paper investigates a blockchain system to tackle the lack of transparency and coordination in reaching the … blockchain-based smart contracts to enforce antitrust remedies enshrined in antitrust consent decrees by using FTC remedies as an …
Persistent link: https://www.econbiz.de/10014076796
In this article, the authors show that blockchain can help in reaching the goals of antitrust law in situations where …
Persistent link: https://www.econbiz.de/10013248037
Is the blockchain technology with its technical coordination mechanisms also posing new challenges to antitrust dogma … of the prohibition of concerted practices to blockchain issues and which requirements arise for a compliance …
Persistent link: https://www.econbiz.de/10012910211
Blockchain may transform transactions the same way the Internet altered the dissemination and nature of information. If … remedied.To this end, this article introduces the first taxonomy of collusion on blockchain. The discussion then moves on to … sophisticated algorithms to collude in the blockchain environment, thus contributing to the literature solely focused on algorithms …
Persistent link: https://www.econbiz.de/10012850433
Blockchain technology has in recent years captured attention and funding based on its promise to build trust among …’s provenance, or trust in a contract’s execution. In competition policy, the focus of work on blockchains has, since the OECD … Blockchain revolution, in this paper, we therefore focus instead on the reasons for optimism, and in particular, why we think …
Persistent link: https://www.econbiz.de/10014094292
Mark Zuckerberg introduced Libra to the world in June 2019 with the goal of “enabl[ing] a simple global currency and financial infrastructure that empowers billions of people.” Two months after, and without waiting for the project to be launched, the European Commission sent a questionnaire...
Persistent link: https://www.econbiz.de/10014099835
of public permissionless blockchains. On this basis, one may identify a “blockchain nucleus,” i.e., a set of participants … collaborating to ensure and maximize the blockchain survival by “controlling” it all together. Antitrust and competition law becomes …
Persistent link: https://www.econbiz.de/10012844163
Blockchain is an exciting technology with great but as yet unfulfilled potential. For competition and competition … antitrust law the concerns remain the same. This paper explores the platform nature of a blockchain, how pricing on a blockchain … works and how the blockchain fits into the supply chain. It considers the risks of anticompetitive behaviour by the …
Persistent link: https://www.econbiz.de/10013314135
Governments must anticipate today's fast moving technologies to be effective. Blockchain potentially is the ideal tool …. Blockchain offers antitrust an enormous opportunity and as any powerful tool it also has the capacity to harm as well as benefit … if abused and left totally uncontrolled. Blockchain is not immune from the economic principle of trust. This chapter …
Persistent link: https://www.econbiz.de/10012831753