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‘It’s risky business’: Binance’s $1bn crypto industry recovery fund prompts antitrust concerns
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Binance risks getting on the wrong side of global competition watchdogs with its new $1bn industry recovery fund, a crypto antitrust expert has warned.
Thibault Schrepel, a professor at VU Amsterdam University and author of the 2021 book Blockchain and Antitrust, said the fund could be used as “an instrument to decide who, amongst horizontal and vertical competitors, can survive.”
Binance...
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