The complex relationship between Web2 giants and Web3 projects

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

Web2 giants and Web3 projects entertain a complex relationship. They cooperate to maximize their chances of survival, yet they also compete through a combination of dynamic factors and anti-competitive strategies. The present contribution untangles Web2 and Web3's relationship, explores their distinct value propositions, and outlines what may be one of tomorrow's enforcement priorities for antitrust agencies.

Original languageEnglish
Article number105845
Pages (from-to)1-11
Number of pages11
JournalComputer Law and Security Review
Volume50
Early online date18 Jul 2023
Publication statusPublished - Sept 2023

Bibliographical note

Funding Information:
Associate Professor of Law at the Vrije Universiteit Amsterdam (ALTI), Faculty Affiliate at Stanford University CodeX Center, author of “Blockchain + Antitrust: The Decentralization Formula” (Edward Elgar, 2021). I am indebted to E. Glen Weyl, Jason Potts, Nicolas Petit, and Brian L. Frye for their comments on an earlier draft version. No outside funding was received or relied upon for this paper.

Publisher Copyright:
© 2023 Thibault Schrepel

Funding

Associate Professor of Law at the Vrije Universiteit Amsterdam (ALTI), Faculty Affiliate at Stanford University CodeX Center, author of “Blockchain + Antitrust: The Decentralization Formula” (Edward Elgar, 2021). I am indebted to E. Glen Weyl, Jason Potts, Nicolas Petit, and Brian L. Frye for their comments on an earlier draft version. No outside funding was received or relied upon for this paper.

Keywords

  • Antitrust
  • Big tech
  • Blockchain
  • Competition
  • Complexity science
  • Web3

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