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Competition and the banking sector: friend or foe?
Duke, Arlen Cejnar, Leela
Duke, Arlen
Cejnar, Leela
Author
Abstract
During times of financial crisis, the long-term efficiency goals pursued by competition policy are often subordinated to more immediate concerns about the stability of financial markets. During the most recent financial crisis, bank mergers that arguably lessened competition were cleared in the name of stability. Now that financial markets are becoming more stable, policymakers are turning their minds to ways in which competition can be introduced into banking markets. This article considers the relationship between competition and stability with a view to assessing whether the push by various governments around the world to increase the level of competition in the banking sector is a sensible one.
Keywords
Date
2013
Type
Journal article
Journal
Law and Financial Markets Review
Book
Volume
Issue
Page Range
152-158
Article Number
ACU Department
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Open Access Status
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Controlled