mit einer festen Marge dem traditionellen Eintritt mit anschließendem Preiswettbewerb überlegen ist, da dem etablierten …

private companies. Under these schemes, competition plays a key role, keeping prices low, a good quality of service, and an …

damage and social welfare, under alternative modes of product market competition is examined. It shows that, under pure … differentiation, irrespective of the mode of competition. …

This study reinvestigates the theoretical relationship between competition in banking and banks' exposure to risk of … failure. There is a large existing literature that concludes that when banks are confronted with increased competition, they … regulators and central bankers, causing them to take a less favorable view of competition and encouraging anti …

This paper investigates the degree of bank competition in the euro area, the U.S. and U.K. before and after the recent … financial crisis, and revisits the issue whether the introduction of EMU and the euro have had any impact on bank competition …. The results suggest that the level of bank competition converged across euro area countries in the wake of the EMU. The …

has encouraged more competition in merchandise manufacturing and heavy industries while barriers to market access remain …