Brussels finds barriers to banking competition

The European Commission published on the 14 July 2006 'Retail Banking Sector Inquiry: Interim Report II: Current Accounts and Related Services'. It found that competition among retail banks in the European Union is restricted by a combination of customers' reluctance to switch institutions and continuing obstacles facing banks when operating in other markets,

European Commission: DG Competition: Interim Report II: Current Accounts and Related Services, July 2006 http://ec.europa.eu/competition/sectors/financial_services/inquiries/interim_report_2.pdf

European Commission: DG Competition: Sector inquiries: Financial services http://ec.europa.eu/comm/competition/antitrust/others/sector_inquiries/financial_services/

European Commission: Press Release: IP/06/999: Competition: Commission holds public hearing on competition in retail banking http://europa.eu/rapid/pressReleasesAction.do?reference=IP/06/999&format=HTML&aged=0&language=EN&guiLanguage=en

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