Competition Regulators Could Use Blockchain to Access Data, OECD Says
Blockchain technology could be a useful tool for competition regulators in accessing data, the Organisation for Economic Co-operation and Development (OECD) suggested in a recent issues paper. The OECD paper poses several questions about data access for competition authorities. “Whether…
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it be investigations of mergers, abusive conduct or markets more generally, full access to a blockchain could provide the authorities immediate access to the necessary data,” Hogan Lovells partner Falk Schöning said.