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The Tokenization of Consumer Surplus: New Antitrust Tools in Web3 Markets

BY | February 1, 2023

Zero-price markets pose an interesting question for modern antitrust analysis. Central to this challenge is that modern antitrust law and economics is largely built on a foundation of industrial organization…

Zero-price markets pose an interesting question for modern antitrust analysis. Central to this challenge is that modern antitrust law and economics is largely built on a foundation of industrial organization and price theory.  Applying these economic tools to zero-price markets, therefore, is tricky.  With the increasing prevalence of blockchain networks and Web3 applications, there may be opportunities to develop new methods and tools for unitizing (and thus measuring and comparing) v

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