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Safe harbours in merger guidelines define post-merger market concentration or concentration change thresholds below which proposed mergers are unlikely to be anti-competitive; anti-competitiveness is usually measured as a substantial lessening of competition. Yet competition agencies have...
Persistent link: https://www.econbiz.de/10014185392
Recent trade practices decisions in Australia emphasise a structural approach to market power. Modern economic analysis …
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Over the recent years, the development of mobile banking and Internet banking has had a considerable impact on competition in the retail banking industry. In some countries, the regulatory framework has been adapted to allow non-banks to operate in retail payments and compete with banks for...
Persistent link: https://www.econbiz.de/10013046197
The paper investigates the link between bank concentration and a country's buyout market. We perform a macro level … for the size of the buyout market. The elasticity ranges from 1 up to 3 percent depending on which bank concentration … measure is employed and what segment of buyout market we look at. We also find that bank concentration is irrelevant for the …
Persistent link: https://www.econbiz.de/10011387151
2010 to the last quarter of 2019. In order to investigate this relationship, determinants of bank profitability are split … Montenegro does not give enough argument to support such explanation, and bank profitability can be explained by bank efficiency …
Persistent link: https://www.econbiz.de/10012805908
, to capture market power, and the data enveloped analysis technique to measure bank performance, our result shows … significant differences in Lerner scores (which represent bank market power) of the two groups of banks. Differences in the Lerner … scores provide evidence of a group of strong banks that is isolated from other banks. This implies that this strong bank …
Persistent link: https://www.econbiz.de/10012792367
market power effect is dominant in both domestic and large banks. Overall, the results indicate that market power and bank …
Persistent link: https://www.econbiz.de/10012061102