Is Blockchain the Death of Antitrust Law?  The Blockchain Antitrust Paradox

Schrepel, Thibault

doi:10.2139/ssrn.3193576

Cited by 13 publications

(8 citation statements)

References 1 publication

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“…Besides the mentioned alternative forms of power to facilitate indirect governance for sustainability and balance power asymmetries, digital platform technologies enabling disintermediation could also be seen as an alternative promoting non-mediated forms of power by building on transparency, traceability and trust (Saberi et al, 2019). The case of blockchain governance illustrates the potential of diminishing the power of governing actors and replacing it with trust through anonymity and immutability (Schrepel, 2019b). In the fashion industry, blockchain technology can block nefarious agents and hold the corrupt accountable for social and environmental misconduct (Saberi et al, 2019).…”

Section: 3mentioning

confidence: 99%

“…Considering highly competitive markets with standardized products and services, transaction cost theory sees efficiency gains by entering interorganizational arrangements, mainly through the cooperation with external, mediating partners to achieve lower costs (Halldorsson et al, 2007). While mediation, such as through blockchains, may reduce transactional costs (Schrepel, 2019b), it provides only a limited view on reaching holistic sustainability goals. While previous research found evidence that stakeholder pressure and SSCM both contribute to an organization's sustainability performance, a nuanced view of how intense pressures should be is relatively rare (Wolf, 2014).…”

Section: Theoretical Implicationsmentioning

confidence: 99%

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Theorizing the impact of network characteristics on multitier sustainable supply chain governance: a power perspective

Gruchmann

2022

IJLM

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PurposeWhile the literature on multitier supply chain management traditionally assumes that first-tier suppliers belong to the visible proportion of the supply base, intermediaries might limit focal firms' visible horizon already at this stage. High power asymmetries promoting centrality and complexity in the supply network are seen as a particular root cause that limits the impact of governance mechanisms for sustainability. To map the space for governance mechanisms in a network-sensitive context more comprehensively, the study analyzes supply network characteristics from a power perspective.Design/methodology/approachThis research is conceptual. To better understand power imbalances and mutual dependencies from network centrality and complexity, network configurations were constructed drawing on resource dependence theory. These configurations allow deducing the impact of (non-)mediated governance mechanisms for a sustainable development in the supply network. An agenda to stimulate future empirical and model-based research is accordingly presented.FindingsThe research shows that those networks with densely interconnected first-tier suppliers promote network centrality and complexity, leading to an inverted U-shape relationship between the focal firm's exertion of coercive power and the sustainability performance in the supply network. The findings allow a more comprehensive theoretical grounding for mapping governance approaches in a network-sensitive context and provide insights on how to avoid negative effects from power asymmetries.Practical implicationsThe findings suggest the need for accompanying, indirect governance mechanisms already at the stage of first-tier suppliers based on non-mediated forms of power, such as referent power, also promoting disintermediation. Purchasing companies may also consider using digital platform technologies that foster disintermediation, such as blockchain technology.Originality/valueBy studying intermediaries from a power and network perspective, the conceptualization adds to the discussion on governance in multitier sustainable supply chain networks in various industries. Furthermore, it contributes to the increasing efforts of middle-range theorizing in logistics and supply chain management. The results partially challenge previous assumptions on the moderating role of specific network characteristics.

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Section: 3mentioning

confidence: 99%

Section: Theoretical Implicationsmentioning

confidence: 99%

Theorizing the impact of network characteristics on multitier sustainable supply chain governance: a power perspective

Gruchmann

2022

IJLM

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“…For example, some authors argue that blockchain makes anti-trust law as we know it unusable because the very concept of blockchain as a trustguaranteeing technology contrasts with a legal area that intends to regulate anti-trust. 129 Nevertheless, the blockchain and competition law frameworks are striving for the same goal, namely decentralisation. Therefore, technology and law should work hand in hand instead of against each other, according to the approach of a regulation of and with blockchain.…”

Section: Competition Lawmentioning

confidence: 99%

Peer-to-Peer Trading and Energy Community in the Electricity Market - Analysing the Literature on Law and Regulation and Looking Ahead to Future Challenges

Almeida¹,

Klausmann²,

Soest³

et al. 2021

SSRN Journal

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The Robert Schuman Centre for Advanced Studies, created in 1992 and currently directed by Professor Brigid Laffan, aims to develop inter-disciplinary and comparative research on the major issues facing the process of European integration, European societies and Europe's place in 21 st century global politics.The Centre is home to a large post-doctoral programme and hosts major research programmes, projects and data sets, in addition to a range of working groups and ad hoc initiatives. The research agenda is organised around a set of core themes and is continuously evolving, reflecting the changing agenda of European integration, the expanding membership of the European Union, developments in Europe's neighbourhood and the wider world.

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“…The city functions as a marketplace; through blockchain technology it allows people-the participant-to communicate, to trade and to earn external reputation (see https://swarm.city). 48 Schiller (2018), Savelyev (2017), Rühl (2019), Di Ciommo (2018, Woebbeking (2019), Schrepel (2019), Levi and Lipton (2018) and Mik (2017). 49 See The LAO (2019a, b).…”

Section: Daos: Nature and Governancementioning

confidence: 99%

“…2 DiMatteo et al. (2019), Schrepel (2019), Szostek (2019) and Kraus et al (2019). 3 Natarajan H et al, Distributed Ledger Technology (DLT) and blockchain, mber 2017.…”

Section: Introductionmentioning

confidence: 99%

Cyberspace, Blockchain, Governance: How Technology Implies Normative Power and Regulation

Zwitter

Hazenberg

2020

Blockchain, Law and Governance

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Is Blockchain the Death of Antitrust Law? The Blockchain Antitrust Paradox

Cited by 13 publications

References 1 publication

Theorizing the impact of network characteristics on multitier sustainable supply chain governance: a power perspective

Theorizing the impact of network characteristics on multitier sustainable supply chain governance: a power perspective

Peer-to-Peer Trading and Energy Community in the Electricity Market - Analysing the Literature on Law and Regulation and Looking Ahead to Future Challenges

Cyberspace, Blockchain, Governance: How Technology Implies Normative Power and Regulation

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