The InfoSoc working group and the Competition Law working group host a paper presentation by Giovanna Massarotto (University of Pennsylvania).
Antitrust jurisdictions all over the world are looking at new rules for digital markets to manage possible forms of monopolization because the consumer welfare standard would be ill-adapted to ensure competition in digital platforms. This paper proposes a different solution by exploring a blockchain system and blockchain-based smart contracts to enforce antitrust remedies enshrined in an antitrust consent solution and make the antitrust enforcement more efficient through a technologically managed solution. Antitrust cannot act in isolation to resolve the new antitrust paradox that is targeting digital markets internationally. The globalization of antitrust law is a long-term goal in which blockchain can be an invaluable asset.
Giovanna Massarotto is Academic Fellow at the Center for Technology Innovation and Competition (CTIC) at University of Pennsylvania and affiliate at the UCL Center for Blockchain Technologies (UCL CBT). Her research focuses on antitrust issues as they are related to technologies, with a concentration on blockchain and AI. She is an active scholar who has published a book Antitrust Settlements: How a Simple Agreement Can Drive the Economy with Wolters Kluwer, which presents the antitrust consent as a tool to combine law, economics and computer science in both U.S. and EU jurisdictions. In addition to the book, Giovanna has published multiple papers in prestigious journals including the Journal of Competition Law & Economics, the John Marshall Review of Intellectual Property Law, as well as the Stanford Computational Antitrust. She has been invited to lecture and speak by several organizations, including the OECD, the Competition and Markets Authority (CMA) and multiple universities, such as the University of Oxford, The Stanford Center for Legal Informatics-Codex and the Global Antitrust Institute (GAI) in Washington D.C. Prior to Penn, she was Academic Visitor at the University of Oxford, and taught for Bocconi University and The University of Iowa as an Adjunct Professor.
Dr. Massarotto’s paper is available here.
Participants are welcome to ask questions and take part in the discussion. The event will be held via Zoom.