Competition
Blockchain and competition policy
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Blockchain is a general-purpose distributed ledger technology that threatens to disrupt markets and institutions across the world. Where the internet enabled the publishing and digital transfer of information, blockchain technology authenticates the ownership of assets, makes them traceable, and facilitates their digital transfer. It therefore allows direct trading of assets by providing trust in the transaction and reducing uncertainty (through its use of trustworthy self-executing code). Viewed from a competition policy perspective this might create both opportuntities to enhance competition and efficiency and risks of anticompetitive conduct. In June 2018, the OECD heard from a range of experts on these opportuntities and risks. This page contains all available materials. Read the issues paper by the OECD. Access the full list of Competition Policy Roundtables.
KEY MATERIALS AND INVITED SPEAKERS INFORMATION
Isabelle Corbett [Bio] Catherine Mulligan [Bio] Peder Østbye [Bio] Mark Simpson [Bio] Thibault Schrepel [Bio] Ajinkya M Tulpule
FURTHER READING Is Blockchain the Death of Antitrust Law?The Blockchain Antitrust Paradox Blockchain will kill the traditional firm by Catherine Mulligan The Adequacy of Competition Policy for Cryptocurrency Markets by Peder Østbye The Case for a 21 Million Bitcoin Conspiracyby Peder Østbye Blockchain: competition issues in nascent markets by Mark Simpson Enforcement and Compliance in a Blockchain(ed) World by Ajinkya Tulpule
MORE OECD BLOCKCHAIN WORK OECD Blockchain Policy Forum 2018 The Blockchain Revolution Podcast In Part 1 of a two-part podcast series, the OECD's Greg Medcraft discusses blockchain, starting with the basics of this revolutionary technology. |
About the R3 consortium approach
How firms are collaborating in blockchain and concerns on eventual risk of collusions
Risks of exclusionary conduct and what authorities can do about it
The use of traditional antitrust tools against the risks of collusion How blockchain may change the way agencies work
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