Legal and Economic Analysis of Anti-Competitive Practices in

the Bitcoin Market

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TL;DR: A competition-law analysis asking how antitrust rules apply when Bitcoin's miners, pools, developers, exchanges, and service providers operate across borders.

About This Document

S. Abdanan Mehdizadeh examines anti-competitive agreements, abuse of dominance, mergers, mining concentration, hardware monopolies, algorithmic collusion, and enforcement. The paper uses Iranian legislation as a concrete legal framework while addressing Bitcoin's global and pseudonymous market structure.

Why Bitcoin People May Care

The paper treats a 51% attack and selfish mining not only as protocol threats but as questions of market power. That legal angle is unusual and useful: who holds a dominant position, what counts as collusion, and which authority can act when the system itself has no central operator?

Document Details

• Title: Legal and Economic Analysis of Anti-Competitive Practices in the Bitcoin Market
• Author / organization: S. Abdanan Mehdizadeh
• Year: 2023
• Document type: Legal research paper
• Pages: 13

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#pdf #bitcoin #competition_law #economics
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