Retail payment systems face scrutiny by competition authorities
Kemppainen, Kari (27.10.2006)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408075108
Competition authorities have done several surveys on the structure of retail banking markets and related competition issues. Among the key findings are that the markets are concentrated and that customers are unable to compare services and prices effectively. Barriers to payment system access and the lack of customer mobility are reported as the key factors hindering effective competition.