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Modern antitrust and competition law relies extensively on the firm as defined by Ronald Coase: a hierarchy reducing transaction costs thanks to vertical control, where such control defines the firm's boundaries. Meanwhile, the governance of public permissionless blockchains is horizontal....
Persistent link: https://www.econbiz.de/10012844163
Some legislators, especially on the far Left, have set their sights on making radical changes to federal antitrust law. They seek to weaponize antitrust law, such as by making it much easier for the federal government to wield antitrust power to reshape industries and the entire economy. This is...
Persistent link: https://www.econbiz.de/10013216724
In this article, the authors show that blockchain can help in reaching the goals of antitrust law in situations where the rule of law does not (fully) apply. They detail what needs to be done to this end, from both a technical and legal standpoint
Persistent link: https://www.econbiz.de/10013248037
Policymakers across the political spectrum are debating the virtue of the application of antitrust law to the technology sector. Some are proposing radical reshaping of federal antitrust law that would expand federal control over the economy. Others appear to want to use antitrust as a way to...
Persistent link: https://www.econbiz.de/10013245179
Future Art. 102 TFEU cases concerning online platforms will require revisiting the process of the market definition in light of the complexities that are likely to arise due to the two- or multi sided nature of such platforms. This distinctive nature will firstly require determining the number...
Persistent link: https://www.econbiz.de/10014110540
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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
The following is a compilation of short book reviews I have prepared over the past two years for the World Competition Law & Economics Review or the Institute for Consumer Antitrust Studies, Loyola University Chicago School of Law website. In one case, the book discussed was published in 2010,...
Persistent link: https://www.econbiz.de/10013085786
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The aim of this paper is to construct indicators that measure the strength of policies aimed at preserving and promoting market competition by empowering antitrust and sectoral authorities. The indicators, which cover both general and sector-specific competition policies, extend previous OECD...
Persistent link: https://www.econbiz.de/10012444682