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Stucke, Maurice E. - 2011

firms deemed too big to fail, this Essay first addresses the issue of systemic risk posed by mergers generally and those in … the financial services industries specifically. The federal government heard concerns in the 1990s about mega-mergers in … the financial industry. The Department of Justice, for example, heard concerns that the Citibank-Travelers merger would …

Persistent link: https://www.econbiz.de/10013131215

Central Banks and Competition Authorities : Institutional Comparisions and New Concerns

Vickers, John - 2013

The establishment of independent authorities for monetary policy and for competition policy was part of the institutional consensus of the Great Moderation. The paper contrasts how policy has operated in the two spheres, especially as regards the role of law. It then discusses the application of...

Persistent link: https://www.econbiz.de/10013094087

Rising corporate market power : emerging policy issues

Akcigit, Ufuk; Chen, Wenjie; Díez, Federico; Duval, Romain - 2021

Corporate market power has risen in recent decades, and new estimates in this note suggest that the likely wave of small and medium-sized enterprise bankruptcies from the ongoing pandemic will further strengthen market concentration. Whether and how policymakers should address this issue is...