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Prices for many goods and services in Belgium are higher than in other countries, reflecting generally weak competitive … pressures. The government has recently introduced several reforms to strengthen the competition policy framework. Nevertheless …. The powers of the Competition Authority can still be enhanced. Its effective degree of independence, substantially …
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How do banks react to increased interbank competition? Recent banking theory offers conflicting predictions about the … impact of competition on bank orientation - i.e., the choice of relationship based versus transactional banking - and bank … industry specialization. We empirically investigate the impact of interbank competition on bank branch orientation and …
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In this paper, we estimate the degree of price stickiness in Belgium using the NBB business survey. Compared to similar … find that domestic competition does not seem to explain an excess or shortage of price changes at the sectoral level …
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