A U.S. Department of Justice (DoJ) official said blockchain deserves the full protection of antitrust law because it has the potential to mount an effective challenge to monopolies.
In a speech published last week, Makan Delrahim, assistant attorney general at the DoJ's Antitrust Division, said blockchain could prevent or limit the concentration of market power, improving competition in a whole host of industries.
He said: "
t is of utmost importance that we prevent competitive abuses in markets where blockchain may offer consumers and business lower-cost or higher-value options."
Info Link: https://www.coindesk.com/antitrust-blockchain-competitive-abuses