Jentzsch, Nicola. (2007) The Commission’s Retail Banking Inquiry: A Chance for More Competition. ECRI Commentaries #1, 1 February 2007. [Working Paper]
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Abstract
The European Commission’s in-depth inquiry into retail banking is long overdue. Its findings are hardly surprising: for years high fees persisted, market concentration loomed and there was little cross-border competition. Times could now be changing for the better. DG Competition states that it has found ‘widespread competition barriers’ that raise the cost of retail banking, but ‘competition concerns’ are not evidence of breaches of competition law. The Commission must now prove that its claims are not unfounded: the next steps are investigation and prosecution of individual cases.
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Item Type: | Working Paper |
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Subjects for non-EU documents: | EU policies and themes > Policies & related activities > economic and financial affairs > Single Market > capital, goods, services, workers EU policies and themes > Policies & related activities > competition policy EU policies and themes > Policies & related activities > economic and financial affairs > business/private economic activity |
Subjects for EU documents: | UNSPECIFIED |
EU Series and Periodicals: | UNSPECIFIED |
EU Annual Reports: | UNSPECIFIED |
Series: | Series > Centre for European Policy Studies (Brussels) > ECRI Commentaries |
Depositing User: | Phil Wilkin |
Official EU Document: | No |
Language: | English |
Date Deposited: | 20 Apr 2009 |
Number of Pages: | 4 |
Last Modified: | 10 Dec 2019 15:47 |
URI: | http://aei.pitt.edu/id/eprint/9423 |
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