This paper analyses the relation between competition and concentration in the banking sector. The empirical answer is … given by testing a monopolistic competition model of bank branching behaviour on individual bank data at county level … among incumbent banks on competition and discuss when, depending on the pre-merger structure of the market and geographic …

that the SSM reduced competition for SSM banks in countries affected by the sovereign debt crisis. Otherwise, the impact of … the SSM was limited or competition increased. Furthermore, our results suggest that anti-competitive side effects of the …