Author
Prof Wang Yuhui
Organisation/Institution
Zhengzhou University Law School
Country
CHINA
Panel
Competition Law
Title
Anti-Monopoly Regulation of Blockchain Collusion: Performance, Challenges and Responses
Abstract
Abstract: Blockchain technology, as a data infrastructure, is widely applied in market fields such as commodity trading and product traceability, promoting innovative applications of the Internet. However, the inherent decentralized feature of blockchain gives rise to collusion risks from aspects such as organizational structure and technical components, presenting a special control over blockchain collusion. Facing the new performance of blockchain collusion formed by decentralization, antitrust law is confronted with systematic challenges including subject demarcation, behavior determination, market effect assessment, and remedy enforcement. Therefore, China should, with the concept of promoting the decentralized value of blockchain technology orderly, base itself on the technical logic of decentralization, and in the determination of illegality, deeply identify the subjects within the technical system, analyze technical collusion behaviors, and comprehensively evaluate market damages across multiple fields. It should also innovate a remedy mechanism centered on reasonable openness and in line with the logic of blockchain technology, to ensure the innovative development of blockchain technology within the framework of regulations.
Biography
I am Professor Wang Yuhui, Dean of the Law School of Zhengzhou University. I concurrently hold the positions of Standing Director of the China Economic Law Association under the China Law Society, Vice President of the Henan Competition Law Research Association, Member of the LAWASIA “Belt and Road” Commission, and Member of the Asia Competition Association. With two decades of dedicated research in the field of competition law, my academic focus lies at the intersection of platform economy and competition law. Characterized by profound theoretical foundations and practical insights, my research has long centered on digital platform regulation. Over the past five years, I have attained substantial academic achievements: I have published a number of influential papers, including The Dilemma and Approach of Legal Regulation of Algorithm Collusion and Adhere to the Principle of Balancing Development and Regulation, Establish a Sound Governance System for the Platform Economy, and authored academic monographs such as Research on Data-Driven Legal Prevention and Control. These works conduct in-depth analyses of key legal issues in digital economy regulation. Furthermore, I have actively promoted academic exchanges in the field of competition law by inviting prestigious scholars from home and abroad to co-organize multiple academic conferences, thereby facilitating scholarly collaboration and dialogue in this specialized area.
