Welcome to the Competition Stories – a bimonthly exploration of recent courts and competition law agencies’ decisions. Authored by Makis Komninos, a renowned expert in the field, this new column aims to go through the latest and most important developments in competition law of the last two months. We call them “stories” because Makis has promised to include some anecdotes from...Read More

Dear readers, I am delighted to announce that this month’s guest article is authored by Okeoghene Odudu, Associate Professor, Faculty of Law; Fellow in Law, Emmanuel College, University of Cambridge. Oke asks whether competition agencies harm welfare, therefore following from Richard Whish’s Concurrentialiste contribution “Do Competition Lawyers Harm Welfare?” footsteps. I am confident that you will enjoy reading this as much as I...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 discuss several concrete proposals for regulating blockchain. First, let me emphasize that I do *not* assume that everything...Read More

If you were still doubting the interaction between blockchain and antitrust is promising, Joe Biden just made it obvious. On March 9, 2022, President Biden released an executive order on “ensuring responsible development of digital assets.” There is a lot to be said about this order, which raises many good points. Biden strikes an interesting balance between underlining blockchain potential...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 talk about different ways by which blockchain can merge, the challenges that it creates for antitrust law,...Read More

Nicolas Petit and I are delighted to present you with our newest article, “Complexity-Minded Antitrust”. Here is the abstract: Complexity science is widely used across the policy spectrum but not in antitrust. This is unfortunate. Complexity science enables a rich understanding of competition beyond the simplistic descriptions of markets and firms proposed by neoclassical models and...Read More

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’d like to address an issue that will become increasingly important over the next few years: what is blockchain power,...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 explain how we can create a legal fiction around blockchains, or, put differently, how to assign blockchain...Read More