Antitrust by Design – The Prohibition of Anti-Competitive Coordination and the Consensus Mechanism of the Blockchain

Posted by Social Science Research Network

Antitrust by Design – The Prohibition of Anti-Competitive Coordination and the Consensus Mechanism of the Blockchain

By Sebastian Louven & David Saive (University of Oldenburg)

Is the blockchain technology with its technical coordination mechanisms also posing new challenges to antitrust dogma? Are conventional principles transferable to platforms or do we need new approaches?This paper examines the applicability of the prohibition of concerted practices to blockchain issues and which requirements arise for a compliance-conscious design of new technologies.