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A dilatation structure is a concept in between a group and a differential structure. In this article we study fundamental properties of dilatation structures on metric spaces. This is a part of a series of papers which show that such a structure allows to do non-commutative analysis, in the sense of differential calculus, on a large class of metric spaces, some of them fractals. We also describe a formal, universal calculus with binary decorated planar trees, which underlies any dilatation structure
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