The OECD defines algorithmic collusion as the practice whereby firms use algorithms “as a facilitating factor for collusion” in order to “enable new forms of co-ordination that were not observed or even possible before.” I think that definition is too broad because it includes practices decided by humans. I’d rather define algorithmic collusion as the practice by which computers decide...Read More

I am delighted to publish a 15-video series dedicated to my book, “Blockchain + Antitrust: The Decentralization formula”. You can access all the chapters over here, and all the video transcripts over here. *** Transcript: In this video, I want to explain how blockchain can suffer from collusion, and what to do about it. First, let me take...Read More

I am delighted to publish a 15-video series dedicated to my book, “Blockchain + Antitrust: The Decentralization formula”. You can access all the chapters over here, and all the video transcripts over here. *** Transcript: In this video, I’d like to address the paradox between antitrust law and blockchain. First, let me introduce antitrust law to you. This...Read More

I am delighted to publish a 15-video series dedicated to my book, “Blockchain + Antitrust: The Decentralization formula”. You can access all the chapters over here, and all the transcripts over here. *** Transcript: In this video, I’d like to put blockchain in the context of evolutionary theory. The term evolution is often associated with Darwin. I will...Read More

Dear readers, I am delighted to announce that thisbe month’s guest article is authored by Richard J. Gilbert, Distinguished Professor Emeritus of Economics at the University of Berkeley. Richard explores the new bills just introduced in the U.S. Congress to bolsteselr antitrust enforcement. I am confident that you will enjoy reading it as much as I did. Richard, thank you very much! All the...Read More