Blockchain was first introduced by Satoshi Nakamoto with her/his/their article “Bitcoin: A Peer-to-Peer Electronic Cash System” published on October 31, 2008 (although… interestingly enough, Satoshi Nakamoto never used the word “blockchain” in the white paper). Hundreds of millions of transactions have since been implemented on it. This is me being sarcastic on Twitter: Confirmed #Bitcoin transactions per...Read More
Blockchain antitrust is a fascinating subject. The number of cases is rising (I will discuss that shortly), and antitrust agencies are slowly but surely starting to devote resources to the topic. With that in mind, I am delighted to publish my latest article entitled Libra: A Concentrate of “Blockchain Antitrust”. This is a short one (10 pages) dealing with a...Read More
Click here to order “Blockchain + Antitrust” *** Please find below the articles that I enjoyed during the month of March 2020. Mostly antitrust-related, but not limited to it. Learn about them on a more regular basis by following me on Twitter at @LeConcurrential. Antitrust: Roads Not Taken: The Federal Trade Commission and Google (William Kovacic) A letter to Margarethe Vestager regarding...Read More
Click here to order “Blockchain + Antitrust” *** Please find below the articles that I enjoyed during the month of February 2020. Mostly antitrust-related, but not limited to it. There’s more than usual. Learn about them on a more regular basis by following me on Twitter at @LeConcurrential. Antitrust: Democracy And Monopoly In Governments, Markets, And Firms (Daniel A. Crane) The Fundamental...Read More
Dear readers, these past few weeks, I have been publishing videos in which I presented and explained the “The Theory of Granularity: A Path for Antitrust in Blockchain Ecosystems” (freely accessible on SSRN). This post puts them all in one place. Thank you for watching. Thibault. *** Video #1: Understanding the theory of the firm as used...Read More
Dear readers, here’s the fourth and final video of the series dealing with “The Theory of Granularity: A Path for Antitrust in Blockchain Ecosystems” (freely accessible on SSRN). I previously showed that antitrust law is based on Ronald Coase’s theory of the firm, that public blockchains escape that theory, and that, accordingly, a new theory is needed. I now want...Read More
The background story It all started on Wednesday, February 12, 2020. ALL? The (first) Google hearing, of course. It has been a long wait, but hopefully worth it. Previously on the Google Saga, the European Commission has announced the decision (in June 2017), has published it (in December of the same year), and ever since, has fined Google two more times. An...Read More
I am pleased that my article entitled “The Fundamental Unimportance of Algorithmic Collusion for Antitrust Law” as just been published at the Harvard Journal of Law and Technology website. Here’s the introduction: Antitrust and competition law is subject to increasing polarization, especially regarding Internet giants. Some scholars argue that the tech giants abuse their dominant positions,...Read More
Dear readers, following a first video (link) in which I exposed the theory of the firm as used in antitrust law, and a second one (link) in which I explained that, by escaping that theory, public blockchains escape antitrust law, I am pleased to publish a third video today. In it, I explain what the theory of granularity is. It will serve...Read More
Click here to order “Blockchain + Antitrust” *** Please find below the articles that I enjoyed during the month of January 2020. Mostly antitrust-related, but not limited to it. Learn about them on a more regular basis by following me on Twitter at @LeConcurrential. Antitrust: The Theory of Granularity: A Path for Antitrust in Blockchain Ecosystems (Thibault Schrepel) The world’s most downloaded antitrust...Read More
Dear readers, following last week’s video (link) in which I exposed the theory of the firm as used in antitrust law, I am discussing today the reason, by escaping that theory, public blockchains escape antitrust law. Again, for more information, you may read my article entitled “The Theory of Granularity: A Path for Antitrust in Blockchain Ecosystems“(freely accessible on SSRN)....Read More
Dear readers, I am pleased to introduce a new series of videos in which I will discuss the main ideas developed in my recent article entitled “The Theory of Granularity: A Path for Antitrust in Blockchain Ecosystems“(freely accessible on SSRN). Here’s video #1, dealing with the theory of the firm. Thanks for watching. Read More
Dear friends, Following months of (d̶o̶u̶b̶t̶s̶ ̶a̶n̶d̶ ̶b̶u̶s̶t̶i̶n̶g̶ ̶m̶y̶ ̶h̶e̶a̶d̶) research, I am very pleased to share my latest article: “The Theory of Granularity: A Path for Antitrust in Blockchain Ecosystems“. In this article, I ask the following question: how to apply antitrust law, whose case law is almost entirely based on analyzing firms’ practices,...Read More
Please find below the articles that I enjoyed during the month of December 2019. Mostly antitrust-related, but not limited to it. Learn about them on a more regular basis by following me on Twitter at @LeConcurrential. Antitrust: Repeal Continental Can (Thibault Schrepel) Competition Policy at a Crossroad (Jean Tirole) A Rap on Competition (Philip Marsden) Competition For-The-Market (OECD) A Framework for Regulating Competition on the Internet (Ben...Read More
This post is a response to John’s response to my post entitled “Why you are not paying with your data” (that’s confusing!). I am publishing it on December 27th to make sure that John is away and can’t criticize it further (< machiavellian laughter >). To be fair, John has already received these comments, and in any...Read More
