By

Dr. Thibault Schrepel

Blockchain-based collusion, NOT algorithmic collusion

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,...
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Video #3: What is the theory of granularity?

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...
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Links of January 2020

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 articles of 2019 (Concurrentialiste) On The Meaning Of Antitrust’s...
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Video #2: Why public blockchains escape antitrust law

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)....
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Video #1: Understanding the theory of the firm as used in antitrust law

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. 
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NEW ARTICLE: “The Theory of Granularity”: Blockchain & Antitrust

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,...
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Links of December 2019

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...
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Most data doesn’t pre-exist = it can’t be used for payment or exchange

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...
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Repeal Continental Can

In a world in which competition agencies would always rely on empirical evidence, I would be teaching the following to my students: when agencies investigate potential abuses of dominant positions, they are required to show (1) a dominant position, (2) an abuse and (3) a link (causation) between the alleged dominant position and the alleged abuse....
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Understanding the Zero-Price Economy: We’re the Producers, Not the Consumers

Understanding zero-price markets has never been more important. With the FTC reportedly weighing whether to block Facebook’s plans to integrate its various apps, and various investigations underway across the globe, more scrutiny than ever is being paid to Silicon Valley giants. But what do we pay for these digital apps. One of my favorite things...
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