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Competition regulators have identified the potential for blockchain technology to disrupt traditional sponsor …, however, have forced blockchain-based platforms to adopt a strategy of progressive decentralization, delaying decentralization … implications for blockchain’s procompetitive potential, have yet to be explored. This Article first identifies the origin of this …
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decentralized, open networks based on blockchain technologies. Blockchain technology built on a consensus mechanism can make … companies as they often have the best resources and knowledge to increase innovation. On the other hand, although blockchain … particularly high in private blockchains. Therefore, the success of blockchain relies on the trust of people in this new technology …
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The ubiquitous process of digitization changes economic competition on markets in several ways and leads to the emergence of new business models. The increasing roles of digital platforms as well as data-driven markets represent two relevant examples. These developments challenge competition...
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fundamental in keeping block-chain markets open and free. Rather than leading to the death of antitrust and regulation, block-chain …Similar to the Internet Era, which generated new value chains based on digital marketplaces, the block-chain has the … potential to be the next cutting-edge technology which will revolutionize markets. Block-chain technology built on a consensus …
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of public permissionless blockchains. On this basis, one may identify a “blockchain nucleus,” i.e., a set of participants … collaborating to ensure and maximize the blockchain survival by “controlling” it all together. Antitrust and competition law becomes …
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