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Antitrust and Trade Regulation Commons™
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Articles 151 - 152 of 152
Full-Text Articles in Antitrust and Trade Regulation
The Easterbrook Theorem: An Application To Digital Markets, Joshua D. Wright, Murat C. Mungan
The Easterbrook Theorem: An Application To Digital Markets, Joshua D. Wright, Murat C. Mungan
Faculty Scholarship
The rise of large firms in the digital economy, including Amazon, Apple, Facebook, and Google, has rekindled the debate about monopolization law. There are proposals to make finding liability easier against alleged digital monopolists by relaxing substantive standards; to flip burdens of proof; and to overturn broad swaths of existing Supreme Court precedent, and even to condemn a law review article. Frank Easterbrook’s seminal 1984 article, The Limits of Antitrust, theorizes that Type I error costs are greater than Type II error costs in the antitrust context, a proposition that has been woven deeply into antitrust law by the Supreme …
Blockchain Neutrality, Samuel N. Weinstein
Blockchain Neutrality, Samuel N. Weinstein
Articles
Blockchain technology is transforming how markets work. Blockchains eliminate the need for trusted gatekeepers like banks to execute, verify, and record transactions. In the financial markets, their disruptive potential threatens both Wall Street banks and Silicon Valley venture capitalists. How blockchain technology is regulated will determine whether it encourages or inhibits competition. Some blockchain applications present serious fraud and systemic risks, complicating regulation. This Article explores the antitrust and competition policy challenges blockchain presents and proposes a regulatory strategy, modeled on Internet regulation and net neutrality principles, to unlock blockchain’s competitive potential. It contends that financial regulators should promote blockchain …