derived from imperfect competition in markets for financial services is implied, which banks exercise vis-à-vis their loan and … deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of … industry, competition and regulation are deeply interrelated as most regulatory institutions, even if they do not explicitly …

relationship lending, and rents that accrue due to the elimination of competition among multiple lenders. We find the relationship … against hold-up. -- Banking Competition ; Coordination ; Distress ; Credit Spread ; Hold-up …