Blockchain: Issues in Australian Competition and Consumer Law
Australian Journal of Competition and Consumer Law, Forthcoming
14 Pages Posted: 18 Jan 2019
Date Written: July 26, 2018
Blockchain is an emerging technology with potential applications across a wide range of economic activities and which will increasingly raise issues for competition law and policy. This article explores the blockchain concept from the perspective of Australian competition and consumer law. It considers the benefits of blockchain technology in light of the object of the Competition and Consumer Act 2010 (Cth) and the specific risks of anti-competitive conduct that may arise under Australian law from the use of blockchain. It also identifies some of the challenges and opportunities that are likely to arise during investigation and enforcement action relating to blockchain-related applications.
Keywords: Blockchain, Distributed ledger technology, Antitrust, Competition law, Cartel conduct, Collusive behaviour
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