The trade-off between bank competition and financial stability has always been a widely and controversial issue, both … among policymakers and academics. This paper empirically re-investigates the relationship between competition and bank risk …-to-default, while we consider the SRISK as a proxy for bank systemic risk. Using the Lerner index as an inverse measure of competition …

concerns, which meant that competition policy was relegated to the position of a distant spectator in the proceedings. This was … not the case in the EU, however, where competition policy and competition enforcers played a lead role in shaping the … distorting competition in the financial sector. In doing so, this paper explores (a) the importance of competition policy during …

competition and regulatory objectives in the framework of the financial crisis. Section 1 sketches the framework that enabled the … distorting effects resulting from the implementation of bailout plans. In closing, Section 4 questions some of the competition …