EU Competition Law and the Financial Services Sector

Download EU Competition Law and the Financial Services Sector PDF Online Free

Author :
Publisher : Taylor & Francis
ISBN 13 : 1135044651
Total Pages : 386 pages
Book Rating : 4.1/5 (35 download)

DOWNLOAD NOW!


Book Synopsis EU Competition Law and the Financial Services Sector by : Andrea Lista

Download or read book EU Competition Law and the Financial Services Sector written by Andrea Lista and published by Taylor & Francis. This book was released on 2013-06-07 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition law is a complex and constantly evolving area of law which affects every aspect of the market economy, including the financial services sector. This book is a comprehensive and practical guide to the application of the EU competition rules to banking and insurance industries. This book is divided into two parts: the first part explores the application of Articles 101, 102 and 107 TFEU to the insurance industry. Emphasis is placed on recent changes which have progressively eroded the block exemption regime that traditionally benefited the insurance industry. In the second part of the book, focus is on the application of the Articles of TFEU to the banking industry, with specific reference to card payment systems, which give rise to some of the most intricate antitrust issues in the financial services sector. Relevant Commission decisions and European Court of Justice case law are discussed and suggestions are made for an alternative regulatory framework through comparative analysis of US regulations. This book will be an invaluable reference point for legal practitioners specialising in EU Competition law, as well as postgraduate students and academic researchers working in competition law and the financial services sector.

EU Competition Law, the Consumer Interest and Data Protection

Download EU Competition Law, the Consumer Interest and Data Protection PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 3319089064
Total Pages : 135 pages
Book Rating : 4.3/5 (19 download)

DOWNLOAD NOW!


Book Synopsis EU Competition Law, the Consumer Interest and Data Protection by : Federico Ferretti

Download or read book EU Competition Law, the Consumer Interest and Data Protection written by Federico Ferretti and published by Springer. This book was released on 2014-07-24 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: The legitimacy or illegitimacy of information exchanges between competitors remains a topical debate with regard to EU competition law and policy. This book reexamines the issue in the retail financial services sector, focusing on the peculiar problems that it poses for EU market integration, consumer policy and protection and the intersection with fundamental rights. It analyzes and reflects on the relevant case law and guidelines offered by the corresponding European authorities, providing a critique of the current approach and advancing the proposition that information markets themselves need attention, in addition to the markets that they serve. The book also advances new perspectives on cases in which consumers’ personal information is involved in the exchange, recognizing the inevitable interaction between EU competition law, the interests and protection of consumers and personal data protection. It suggests that the status quo under competition law is unsatisfactorily short sighted and that the EU should take a holistic approach (including information markets) to the analysis of competition law, reflecting consumer protection and fundamental rights aspects in the assessment.

Competition Law and Financial Services

Download Competition Law and Financial Services PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1134090862
Total Pages : 147 pages
Book Rating : 4.1/5 (34 download)

DOWNLOAD NOW!


Book Synopsis Competition Law and Financial Services by : David Harrison

Download or read book Competition Law and Financial Services written by David Harrison and published by Routledge. This book was released on 2014-03-14 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition law underpins the market economy by prohibiting anti-competitive agreements and practices, and the abuse of dominant positions in the market. Until the financial crisis it was widely assumed that the financial services industry was highly competitive. This book explores the extent to which this is the case. By analysing crisis and pre-crisis competition law cases and examples from the UK, the EU and around the world, David Harrison asks whether there exists good reason for financial services to be treated differently from the rest of the market economy. The theory of market efficiency is not borne out in practice. He particularly draws upon John Maynard Keynes in examining the differences between price mechanisms in product markets for "normal" goods, and price mechanisms in financial and investment markets where expectations of the future tend to play a greater role, leading to greater price fluctuations. In this evaluation, the book examines aspects of the practical functioning of capital markets such as the phenomenon of herding behaviour by financial participants, how short-term behaviour by intermediaries can be to the disadvantage of savers and productive investment, the relationship between investment markets and product markets and the extent to which the same competition rules apply to undertakings involved in both. The book will be invaluable to students, researchers and practitioners of banking and finance law, and commercial and competition law. .

European Competition Law Annual 1999

Download European Competition Law Annual 1999 PDF Online Free

Author :
Publisher : Hart Publishing
ISBN 13 : 1841132241
Total Pages : 727 pages
Book Rating : 4.8/5 (411 download)

DOWNLOAD NOW!


Book Synopsis European Competition Law Annual 1999 by : Claus-Dieter Ehlermann

Download or read book European Competition Law Annual 1999 written by Claus-Dieter Ehlermann and published by Hart Publishing. This book was released on 2001-06-12 with total page 727 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book leading experts focus on contentious and challenging aspects of EU State Aid policy.

Market Supervision in the European Union

Download Market Supervision in the European Union PDF Online Free

Author :
Publisher : Martinus Nijhoff Publishers
ISBN 13 : 9004280367
Total Pages : 399 pages
Book Rating : 4.0/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Market Supervision in the European Union by : Pieter van Cleynenbreugel

Download or read book Market Supervision in the European Union written by Pieter van Cleynenbreugel and published by Martinus Nijhoff Publishers. This book was released on 2014-09-25 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Market Supervision in the European Union, Pieter Van Cleynenbreugel compares and reconstructs the emergence of divergently structured supranational market supervision mechanisms in six different sectors of EU regulation (competition, financial services, chemicals, consumer law, electronic communications and energy). EU market supervision developments have been plentiful over the past decade, but have so far mainly been studied in their own sector-specific context. On the basis of an innovative cross-sector investigation, Pieter Van Cleynenbreugel identifies and conceptualises common or converging EU constitutional benchmarks underlying those sector-specific administrative design developments. Those benchmarks better allow to conceptualise, predict and restrain future EU integrated administration structures and initiatives in those and other fields of European Union law.

Services of General Economic Interest in EU Competition Law

Download Services of General Economic Interest in EU Competition Law PDF Online Free

Author :
Publisher : Springer Nature
ISBN 13 : 9462653879
Total Pages : 320 pages
Book Rating : 4.4/5 (626 download)

DOWNLOAD NOW!


Book Synopsis Services of General Economic Interest in EU Competition Law by : Lei Zhu

Download or read book Services of General Economic Interest in EU Competition Law written by Lei Zhu and published by Springer Nature. This book was released on 2020-05-08 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive examination of the interaction between Services of General Economic Interest (SGEI) and EU competition law, covering in particular Article 106 of the Treaty on the Functioning of the European Union (TFEU) and state aid rules. It also takes the telecommunications, postal service and transport sectors as case studies, taking into account the technological, economic and political backgrounds to these sectors. The area of SGEI has undergone fundamental developments over the past three decades and the most recent changes in the Lisbon Treaty, recognizing SGEI as a shared value and granting explicit competence to the EU, mark its constitutional significance. The key issue is how to balance economic values underlying competitive markets and non-economic public service values such as universal access to essential services. The essence of the question is the relationship between the market and the state. This controversial issue is addressed through a critical analysis of a number of landmark EU Court judgments and Commission decisions over the decades. Offering a clear appreciation of the evolution of the EU regulatory framework on SGEI that lays out the limits and boundaries within which the Member States define, organize and fund SGEI, the book is particularly aimed at academics with a research interest in the interaction between public services and EU competition law, but as it also demonstrates clearly how the application of EU competition law has transformed the public utilities sectors, it will be of interest to law makers, legal professionals and policy makers as well. Dr. Lei Zhu is a Research Associate at the Institute of International Law at Wuhan University in Wuhan, China. He studied at the Institute for Competition & Procurement Studies of the Bangor University Law School in Wales, United Kingdom, where he obtained his PhD in law in 2015.

Competition Law and Financial Services

Download Competition Law and Financial Services PDF Online Free

Author :
Publisher : Routledge Research in Finance
ISBN 13 : 9780415828819
Total Pages : 0 pages
Book Rating : 4.8/5 (288 download)

DOWNLOAD NOW!


Book Synopsis Competition Law and Financial Services by : David M. Harrison

Download or read book Competition Law and Financial Services written by David M. Harrison and published by Routledge Research in Finance. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition law underpins the market economy by prohibiting anti-competitive agreements and practices, and the abuse of dominant positions in the market. Until the financial crisis it was widely assumed that the financial services industry was highly competitive. This book explores the extent to which this is the case. By analysing crisis and pre-crisis competition law cases and examples from the UK, the EU and around the world, David Harrison asks whether there exists good reason for financial services to be treated differently from the rest of the market economy. The theory of market efficiency is not borne out in practice. He particularly draws upon John Maynard Keynes in examining the differences between price mechanisms in product markets for "normal" goods, and price mechanisms in financial and investment markets where expectations of the future tend to play a greater role, leading to greater price fluctuations. In this evaluation, the book examines aspects of the practical functioning of capital markets such as the phenomenon of herding behaviour by financial participants, how short-term behaviour by intermediaries can be to the disadvantage of savers and productive investment, the relationship between investment markets and product markets and the extent to which the same competition rules apply to undertakings involved in both. The book will be invaluable to students, researchers and practitioners of banking and finance law, and commercial and competition law. .

Fintech Competition

Download Fintech Competition PDF Online Free

Author :
Publisher : Bloomsbury Publishing
ISBN 13 : 1509963340
Total Pages : 379 pages
Book Rating : 4.5/5 (99 download)

DOWNLOAD NOW!


Book Synopsis Fintech Competition by : Konstantinos Stylianou

Download or read book Fintech Competition written by Konstantinos Stylianou and published by Bloomsbury Publishing. This book was released on 2023-10-05 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book is the first to systematically explore competition policy in fintech markets. Drawing from the expertise of law scholars, economists, and social and natural scientists from the EU and the US, this edited collection explores the competitive dynamics, market organisation, and competition law application in fintech markets. It is the 17th volume in the Swedish Studies in European Law series. The eBook editions of this book are available open access under a CC BY-NC-ND 4.0 licence on bloomsburycollections.com. Open access was funded by the Swedish Network for European Legal Studies.

The Role of Financial Stability in EU Law and Policy

Download The Role of Financial Stability in EU Law and Policy PDF Online Free

Author :
Publisher : Kluwer Law International B.V.
ISBN 13 : 9041186123
Total Pages : 328 pages
Book Rating : 4.0/5 (411 download)

DOWNLOAD NOW!


Book Synopsis The Role of Financial Stability in EU Law and Policy by : Gianni Lo Schiavo

Download or read book The Role of Financial Stability in EU Law and Policy written by Gianni Lo Schiavo and published by Kluwer Law International B.V.. This book was released on 2016-04-24 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the outbreak of the 2008 financial crisis, European Union (EU) institutions and Member States have engaged in a major effort to repair the architecture of economic governance of the European Economic and Monetary Union (EMU). This book takes as its starting point the unclear notion of financial stability, which only recently has received a more detailed legal analysis. It examines the evolution of the concept of financial stability during the financial crisis and provides a conceptual framework in order to demonstrate that financial stability has become a foundational objective in Europe and has set a new normative framework in EU law and policy. Arguing that financial stability is a foundational objective in EU law and policy based on certain normative instruments, this ground-breaking book provides an in-depth and original understanding of the newly developed framework to attain supranational financial stability. In its analysis of the legal implications of these new instruments, the study examines topics and issues such as the following: - the concept and normative instruments of financial stability at European level; - the renewed economic governance in Europe; - the financial assistance mechanisms developed in Europe; - the new regulatory environment for banks at European level; - the Single Supervisory Mechanism and the role of the European Central Bank (ECB) therein; and - the new framework for banking resolution, with specific focus on the Single Resolution Mechanism. The author shows in detail how an appropriate level of supranational regulation, supervision, burden-sharing and rescue measures strengthen financial stability. Thereby, the book will appeal to officials in EU institutions and agencies as well as lawyers and academics in EU law and in banking/financial law to gain a clear understanding of role of financial stability and its normative instruments in EU law and policy. Gianni Lo Schiavo is currently working as a lawyer at the ECB. He obtained a PhD in EU Law at King's College, London, and has written numerous articles and chapters in EU administrative law, EU financial/banking law and EU competition law.

Competition and Stability in Banking

Download Competition and Stability in Banking PDF Online Free

Author :
Publisher : Princeton University Press
ISBN 13 : 0691210039
Total Pages : 344 pages
Book Rating : 4.6/5 (912 download)

DOWNLOAD NOW!


Book Synopsis Competition and Stability in Banking by : Xavier Vives

Download or read book Competition and Stability in Banking written by Xavier Vives and published by Princeton University Press. This book was released on 2020-11-03 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: A distinguished economist examines competition, regulation, and stability in today's global banks Does too much competition in banking hurt society? What policies can best protect and stabilize banking without stifling it? Institutional responses to such questions have evolved over time, from interventionist regulatory control after the Great Depression to the liberalization policies that started in the United States in the 1970s. The global financial crisis of 2007–2009, which originated from an oversupply of credit, once again raised questions about excessive banking competition and what should be done about it. Competition and Stability in Banking addresses the critical relationships between competition, regulation, and stability, and the implications of coordinating banking regulations with competition policies. Xavier Vives argues that while competition is not responsible for fragility in banking, there are trade-offs between competition and stability. Well-designed regulations would alleviate these trade-offs but not eliminate them, and the specificity of competition in banking should be accounted for. Vives argues that regulation and competition policy should be coordinated, with tighter prudential requirements in more competitive situations, but he also shows that supervisory and competition authorities should stand separate from each other, each pursuing its own objective. Vives reviews the theory and empirics of banking competition, drawing on up-to-date analysis that incorporates the characteristics of modern market-based banking, and he looks at regulation, competition policies, and crisis interventions in Europe and the United States, as well as in emerging economies. Focusing on why banking competition policies are necessary, Competition and Stability in Banking examines regulation's impact on the industry's efficiency and effectiveness.

The International Handbook of Competition

Download The International Handbook of Competition PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 366 pages
Book Rating : 4.:/5 (321 download)

DOWNLOAD NOW!


Book Synopsis The International Handbook of Competition by : Manfred Neumann

Download or read book The International Handbook of Competition written by Manfred Neumann and published by Edward Elgar Publishing. This book was released on 2004 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This indispensable Handbook examines both economic and legal aspects of competition policy and industrial organization. It provides a scholarly review of the state of the art regarding economic theory, empirical evidence and standards of legal evaluation. The book aims primarily at furthering our understanding of the interplay between economic reasoning and legal expertise by concentrating on the fundamental issues and principles underlying competition policy. Following a comprehensive introduction, the authors investigate a number of important themes including: the natural limits of competition efficiency versus market power small firms, innovation and competition trade policy and competition policy financial services the political economy of antitrust dominance and monopolization identifying anti-trust markets competition policy versus regulation competition policy in a globalized economy. Each of the specially commissioned chapters, written by leading authorities in the field, provides a stimulating exploration of the intricacies of competition policy. The book will be accessible to a wide audience including students of economics and law, public administrators, lawyers, consultants and business managers. It will also be of particular interest to policymakers in EU accession countries who are required to introduce an appropriate legal framework to implement EU competition policy.

Financial Regulation in the European Union

Download Financial Regulation in the European Union PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1317428846
Total Pages : 343 pages
Book Rating : 4.3/5 (174 download)

DOWNLOAD NOW!


Book Synopsis Financial Regulation in the European Union by : Rainer Kattel

Download or read book Financial Regulation in the European Union written by Rainer Kattel and published by Routledge. This book was released on 2015-10-08 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection offers a comparative overview of how financial regulations have evolved in various European countries since the introduction of the single European market in 1986. It includes a number of country studies which provides a narrative of the domestic financial regulatory structure at the beginning of the period, as well the means by which the EU Directives have been introduced into domestic legislation and the impact on the financial structure of the economy. In particular, studies highlight how the discretion allowed by the Directives has been used to meet the then existing domestic conditions and financial structure as well as how they have modified that structure. Countries covered are France, Germany, Italy, Spain, Estonia, Hungary and Slovenia. The book also contains an overview of regulatory changes in the UK and Nordic countries, and in post-crisis USA. This comparative approach raises questions about whether past and more recent regulatory changes have in fact contributed to increase financial stability in the EU. The comparative analysis provided in this book raises questions on whether the past and more recent changes are contributing to increase the financial stability and efficiency of individual banks and national financial systems. The crisis has demonstrated the drawbacks of formulating the regulatory framework on standards borrowed from the best industry practices from the large developed countries, originally designed exclusively for large global banks, but now applied to all financial institutions.

Regulatory Competition in the Internal Market

Download Regulatory Competition in the Internal Market PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1781003386
Total Pages : 349 pages
Book Rating : 4.7/5 (81 download)

DOWNLOAD NOW!


Book Synopsis Regulatory Competition in the Internal Market by : Barbara Gabor

Download or read book Regulatory Competition in the Internal Market written by Barbara Gabor and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Regulatory competition within Europe and internationally, operates in several fields with different outcomes. This book offers a comparative legal and economic analysis of corporate, securities and competition law, exploring the reasons behind such differences. The books conceptual framework covers the most relevant drivers of competition, including legal actors incentives, channels of competition and governance design. It shows how the different drivers and institutional designs are shaping competitive interactions, drawing relevant conclusions for both general and field specific regulatory policy. Providing a comparative analysis of regulatory competition in three legal fields, this book will be a valuable resource for researchers and academics in law, economics and political science, as well as policymakers legislator, regulator, judiciary at both national and European levels."--Publisher

Competition Law in times of Economic Crisis : in Need of Adjustment ?

Download Competition Law in times of Economic Crisis : in Need of Adjustment ? PDF Online Free

Author :
Publisher : Primento
ISBN 13 : 2802745468
Total Pages : 352 pages
Book Rating : 4.8/5 (27 download)

DOWNLOAD NOW!


Book Synopsis Competition Law in times of Economic Crisis : in Need of Adjustment ? by : Jacques Derenne

Download or read book Competition Law in times of Economic Crisis : in Need of Adjustment ? written by Jacques Derenne and published by Primento. This book was released on 2013-12-02 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout this unprecedented crisis which is hitting all major economies in the EU, the escalation of the Eurozone recession increasingly undermines public confidence in the ability of competitive markets to deliver positive outcomes. A debate on the most appropriate way to enforce competition rules, in light of the crisis, is definitely useful. A “relaxed” stance to competition during difficult periods may be tempting and indeed, this has often been the approach used in the past. However, the enforcement of competition rules is no less important during times of crisis than during normal periods. It has also been argued that, when public resources are stretched to the limit and businesses are struggling to survive, competition authorities should seek to focus their limited resources on those anticompetitive practices which are most detrimental to consumer welfare such as cartels. Indeed, if over-enforcement is perhaps undesirable when the economy is functioning well, it will inevitably become more problematic during an economic downturn. In addition, business managers may be increasingly tempted to resort to anticompetitive practices when faced with economic hardship. This book will appeal to judges and lawyers in competition law, European law, business/corporate law and insolvency law ; the study of European competition law, European institutions, national competition authorities, and companies.

The Art of Regulation

Download The Art of Regulation PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1785367595
Total Pages : 256 pages
Book Rating : 4.7/5 (853 download)

DOWNLOAD NOW!


Book Synopsis The Art of Regulation by : Christian Koenig

Download or read book The Art of Regulation written by Christian Koenig and published by Edward Elgar Publishing. This book was released on 2017-02-24 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasingly, EU market regulation measures have been introduced in the pursuit of economic justice and welfare. This book illustrates how regulation can help to prevent the abuse of dominance, in particular the abuse of public capital by the state.

Competition Law and Public Interests

Download Competition Law and Public Interests PDF Online Free

Author :
Publisher :
ISBN 13 : 9789462368408
Total Pages : 0 pages
Book Rating : 4.3/5 (684 download)

DOWNLOAD NOW!


Book Synopsis Competition Law and Public Interests by : Mart Kneepkens

Download or read book Competition Law and Public Interests written by Mart Kneepkens and published by . This book was released on 2019-01-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should self-regulation that serves public interests be shielded from the cartel prohibition? Or should public interests have a place in the balancing exercise of Article 101(3) TFEU? Is it legally possible to admit anti-competitive mergers when they are still in the best interest of society? Competition Law and Public Interests covers these fundamental and topical questions, and examines the relation between competition law and public interests in general. Based on a profound and structured analysis, this book proposes new frameworks for reconciling public interests and competition law. The two new frameworks introduce several new applications of EU (and Dutch) competition law on cartels and mergers. In addition, this book also includes descriptions of the current law - i.e. explanations of case law and authorities' practices. All in all, readers are provided with well-reasoned guidance on how conflicts between competition law and public interests can be resolved. Competition Law and Public Interests is relevant for lawyers and policy makers with an interest in the relation between competition law and public interests, such as practitioners and academics. For those who handle competition law matters in the banking sector, the book is especially suited, as it contains many references to and assessments of cases involving banks.

Cross-Border Entry in European Retail Financial Services

Download Cross-Border Entry in European Retail Financial Services PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 1349229792
Total Pages : 357 pages
Book Rating : 4.3/5 (492 download)

DOWNLOAD NOW!


Book Synopsis Cross-Border Entry in European Retail Financial Services by : Tobias C Hoschka

Download or read book Cross-Border Entry in European Retail Financial Services written by Tobias C Hoschka and published by Springer. This book was released on 1993-12-13 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a comprehensive assessment of the strategies of banks and insurance companies in the move towards an internal European market for financial services, this book analyzes the latest theoretical and institutional developments. It also provides a range of case studies of actual cross-border entry strategies of some of the largest European financial institutions.