Blockchain Technology and Competition Policy - Issues paper by the Secretariat

OECD Competition Papers

DAF/COMP/WD, 47, 2018

10 Pages Posted: 1 Dec 2019

See all articles by Chris Pike

Chris Pike

Organization for Economic Co-Operation and Development (OECD) - Competition Division

Date Written: April 26, 2018

Abstract

Blockchain is a general-purpose technology that threatens to disrupt markets and institutions across the world. Where the internet enabled the publishing and digital transfer of information, blockchain authenticates the ownership of assets, makes them unique, traceable, and facilitates the digital transfer and hence trading of assets by providing trust in the transaction and reducing uncertainty (through its use of trustworthy self-executing code). Blockchain Technology creates both opportunities and challenges for competition policy.

Keywords: competition, blockchain, antitrust, distributed, collusion, decentralised

JEL Classification: L40, L50, O31, O38

Suggested Citation

Pike, Chris, Blockchain Technology and Competition Policy - Issues paper by the Secretariat (April 26, 2018). OECD Competition Papers, DAF/COMP/WD, 47, 2018, Available at SSRN: https://ssrn.com/abstract=3487660 or http://dx.doi.org/10.2139/ssrn.3487660

Chris Pike (Contact Author)

Organization for Economic Co-Operation and Development (OECD) - Competition Division ( email )

2, rue Andre Pascal
Paris Cedex 16, F-75775
France

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