Blockchains and Antitrust Laws Pursue the Same Goal, According to Vitalik Buterin

In a recently published paper, cofounder Vitalik Buterin, along with Harvard faculty member Thibault Schrepel, argues that blockchain technology has the potential to support antitrust laws, particularly in areas where regulation is challenging to implement and enforce.

The paper, titled “Blockchain Code as Antitrust,” discusses how blockchains can enhance antitrust efforts by promoting decentralization and mitigating the formation of monopolies. However, the authors emphasize that for this potential to be realized, regulatory frameworks must also encourage the adoption and use of this technology.