Blockchain is the decentralized database introduced in 2008 to transact and store bitcoins without relying on the bank system, in a time where banks were facing one of the worst crises ever. The logic behind blockchain is to bypass intermediaries by creating a network made up by the same blockchain users where each blockchain participants…

Introduction Blockchain (aka distributed ledger) technology is inherently neither pro- nor anticompetitive.[1] It however does have the potential to be both. Given the significance of this emerging technology, the competition law impacts of blockchain are worthy of exploration. Trust, or rather its absence, constitutes a driving force behind blockchain technology. It is a decentralized, more…