Antitrust by Design – The Prohibition of Anti-Competitive Coordination and the Consensus Mechanism of the Blockchain
10 Pages Posted: 25 Oct 2018 Last revised: 11 Nov 2018
Date Written: October 2, 2018
Is the blockchain technology with its technical coordination mechanisms also posing new challenges to antitrust dogma? Are conventional principles transferable to platforms or do we need new approaches? This paper examines the applicability of the prohibition of concerted practices to blockchain issues and which requirements arise for a compliance-conscious design of new technologies.
Keywords: Antitrust by Design, Competition Law, Blockchain, API, Platform, Collusion, Consensus Algorithm
JEL Classification: K21, K42, L14, L41, L51, L86, M42
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