Other market makers (Wintermute, Keyrock, B2C2, etc) work with all major CEXes, including Coinbase. This is the same for custodians like Anchorage Digital.
I feel like Coinbase would use this info to argue against being truly monopolistic of some or all of those markers.
I am definitely certain that Coinbase (specifically Paul Grewal, their head lawyer, and, previously, Alex Marx, former head of risk) have prepared for similar claims to be made. They have an extensive roadmap of expected legal challenges and their plans to ameliorate any damage done to their business model. I’m confident their goal is dismantle any claim that they have monopolistic control of a customer’s crypto once purchased.
I feel like Coinbase would use this info to argue against being truly monopolistic of some or all of those markers.
I am definitely certain that Coinbase (specifically Paul Grewal, their head lawyer, and, previously, Alex Marx, former head of risk) have prepared for similar claims to be made. They have an extensive roadmap of expected legal challenges and their plans to ameliorate any damage done to their business model. I’m confident their goal is dismantle any claim that they have monopolistic control of a customer’s crypto once purchased.