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. See below all available materials.
SEE ALSO Full list of Competition Policy Roundtables. OECD Handbook on Competition Policy in the Digital Age |
Antitrust and the trust machine 2020 This paper considers the risks of anticompetitive behaviour by the blockchain, and sets out a range of possible opportunities that arise from the adoption of the technology. |
PRESENTATIONS |
|
OTHER ROUNTABLES ON INNOVATION Rethinking antitrust tools for multi-sided platforms, 2018 Implications of e-commerce for competition policy, 2018 Algorithms and collusion, 2017 Radical Innovation in the electricity sector, 2017 Big Data: Briging competition policy to the digital era, 2016 Disruptive innovation in land transport, 2016 Disruptive innovation in legal services, 2016 Disruptive innovation in financial markets, 2015 Disruptive innovation in competition law enforcement, 2015 Disruptive innovations and their effect on competition, 2015 |
RELATED TOPICS AND LINKS OECD Handbook on Competition Policy in the Digital Age Digital economy, innovation and competition Abuse of dominance Cartels and anti-competitive agreements Competition enforcement practices Liberalisation and competition intervention in regulated sectors Mergers Pro-competitive policy reforms |
Related Documents