Can Antitrust Trust Blockchain?
Algorithmic Antitrust, Springer, 2021, Forthcoming
27 Pages Posted: 15 Jun 2020 Last revised: 21 Dec 2020
Date Written: June 5, 2020
Governments must anticipate today’s fast moving technologies to be effective. Blockchain potentially is the ideal tool to assist antitrust in enforcing regulation and fully exploiting its core principles—competition and consumer welfare. 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 explores the delicate balance between regulation of and for blockchain.
Keywords: Blockchain, Antitrust, Regulation, Competition, Trust, Decentralized Ledger Technologies, Smart Contracts
JEL Classification: D4, D42, K21, L5, L12, L17, L86, O31
Suggested Citation: Suggested Citation