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Abstract: 

Blockchain has the potential to transform the way businesses operate by allowing them to record and share information in a secure, tamper-resistant manner. Financial institutions in particular have taken great interest in blockchain’s ability to eliminate the need for intermediaries in transactions and significantly reduce processing times. But businesses developing or using blockchain applications should be mindful of potential antitrust risks, particularly where the development or use of blockchain involves interaction (i.e., sharing information) with competitors.

Keywords: blockchain, authenticity verification, smart contracts, antitrust, distributed ledger, competition, information exchange

Affiliations:  1: Axinn, Veltrop & Harkrider, LLP; 2: Axinn, Veltrop & Harkrider, LLP.